Good day,
Since as class 2 & 4 NIC is paid by self-employed persons does it applies to partnership persons as well? Thank you.
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NICs
Yes - just as each partner is assessed on their share of the adjusted trading profit of the business, so too will that assessment be used as the basis for computing each partner's Class 4 liability - and of course the Class 2 NIC will be required to be paid in the normal way as well.
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