Advanced search

Any accountants out there?! Please can you explain about tax returns and NIC payments?!

(4 Posts)
LaMigraine Wed 06-Nov-19 17:02:04

I've just got my tax calculation but I can't figure out if the Class 4 and Class 2 NIC payments are included, or whether they need to be paid in addition to the "Total tax" amount in box 1 of the tax calculation summary.

So if it says, for example:
Total tax £2,000
Class 4 NICs due £700
Class 2 NICs due £200,

Is the total amount I owe £2,000, or £2,000 + £700 + £200?

Thanks for any light that anyone can shed!

zebra22 Wed 06-Nov-19 17:06:25

What are you looking at?

LaMigraine Wed 06-Nov-19 17:07:27

My tax return.

LaMigraine Wed 06-Nov-19 17:08:06

Sorry, thought I'd included that info but forgot in my haste!

Join the discussion

Registering is free, quick, and means you can join in the discussion, watch threads, get discounts, win prizes and lots more.

Get started »