Class 1a

System
System Posts: 100,534 🤖 Admin 🤖
edited June 18 in AAT student discussion
Hi folks,

Can anyone help me on how to calc what is due to be paid over on Class 1a's

What figures do i need to be extracting from where ?
And are these due when paye is due to be paid over.

Thanks

Ne

Comments

  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Class 1a

    Here's a link to HMRC's website with info about Class 1a. Hope it helps.

    http://www.hmrc.gov.uk/guidance/cwg5.htm

    Tom
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Class 1a

    I can't remember all the regs on class 1A NICs but they are usually based on expenses paid to the employee and/or benefits in kind. Calculated at the end of the tax year, reported on the P11D and paid over by 6 July following the end of the tax year.

    No doubt someone will correct me if I am wrong.

    Sharon
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Class 1a

    Thankyou

Categories

Privacy Policy