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xyzc
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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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I have asked you to limit your questions to the content of the OT material – but if you send me the details of the question and answer I will seek to resolve your misunderstanding
xyzc
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