Nic Flashcards
1
Q
Is class 1 secondary contributions paid on either car or vouchers?
A
Paid on car not on vouchers
2
Q
What NIC class is a car a liability for?
A
Class 1A
3
Q
Do companies pay class 4 nic?
A
No
4
Q
When state pension age is reached do they still pay class 1 primary and secondary Nic?
A
They do not pay class 1 primary but employer would still pay class 1 secondary
5
Q
Does the employee allowance still stand for a sole trader?
A
Yea
