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If a limited company has forecast taxable total profits of 80000 before taking account of any director’s remuneration and director’s remuneration after allowing for employer’s class 1 NIC is 71371 gross then how to calculate the employer’s class 1 NIC. No employment allowance is available.
I calculated it to be 9820.06 (80000-8840)*13.8% but this is incorrect. I don’t understand why.
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