NIC Class2
I just wonder how we can get the correct No. of weeks when we calculate NIC Class 2 , because I get different results by using the two different methods as followed.
1 We just count the week in the calender
2 We use 7 to divide the total accurate days, the final result should be a round number.
Ask the Tutor ACCA TX-UK
NIC Class 2 No. of weeks
Never met this as a problem - if the trader has only traded for part of the year it's usually an easy apportionment, like 3 months = 3/12 x 52 = 13 weeks. In a written question you just show your working and you should not have a problem
Sign in to reply to this topic.
