Afternoon
I have a client who has 3 self employments of which only one was profitable. The other two made losses. In his tax computation the loss has been offset against the profitable business for income tax purpose but for class 4 NI this is being calculated on the profitable business only. The client is adamant he pays less NI and there should have been an offset. I have spoken to the software provider who tells me the software is correct and an adjustment cannot be made.
Am i missing something here?
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