exemption from class 2 ni

lorraine
lorraine Registered Posts: 404 Dedicated contributor 🦉
Please could someone help with my question:

If Mr A earned £20,000.00 in his employed employment, obviously over the threshold and he will have to tax and ni, I understand that part.

Then if Mr A (the same person) was to start working as self emplyed as extra income but it was below the threshold to pay class 2 ni (£5075) am I correct in saying that Mr A would be able to claim an exemption from class 2 ni because it is below the threshold even though he has employed employment also???????????

Comments

  • deanshepherd
    deanshepherd Registered Posts: 1,809 Beyond epic contributor 🧙‍♂️
    Correct!
  • lorraine
    lorraine Registered Posts: 404 Dedicated contributor 🦉
    Thank you that confirms it.:thumbup:
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