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Where Taxpayers and Advisers Meet

Questions regarding self assesment 17/18

Posts: 1
Joined: Tue Jan 22, 2019 7:36 pm

Questions regarding self assesment 17/18

Postby bachetodolniq » Tue Jan 22, 2019 8:11 pm

Hello everyone,

I have some questions about self assessment 2017/2018.
I was self-employed for the first two weeks of the tax year (CIS). My net profit as a self emplyed was £1460. For the rest of the year i was employed for 1 company.
Could you please help me with this questions :
1. How many employments or directorships did you have?
2. Should i pay Class 2 NICs and Class 4 NICs ?

Posts: 3141
Joined: Sat Feb 01, 2014 3:26 pm

Re: Questions regarding self assesment 17/18

Postby bd6759 » Wed Jan 23, 2019 5:56 pm

You had 1 employment

Yes, but your profits are below the limit.

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