As self employed in my last short year April - June 2008 I know that the Net
Profits just over £20,000 are subject to NI Class 4 at 8% and then tax at
22%.
But I have been getting a past employment pension of £1,000 per month, for 8 months now, paid gross so will this be taxed at 22% and then subject to NI Class 4 at 8% as well?
Confused - Ken
But I have been getting a past employment pension of £1,000 per month, for 8 months now, paid gross so will this be taxed at 22% and then subject to NI Class 4 at 8% as well?
Confused - Ken