NIC Business Tax paper based

CTB02

I'm working on the June 10 pasted paper. The accounting period is for nine months, so I have worked the Class 2 payments as 36 x 2.40, but the answer states that it is 48wks x 2.40. Where an I going wrong working out the months into weeks? Can anyone help please?

pirate

I did this paper I put 49 weeks as she started trading on the 1st of may which is 3 weeks and 3 days after the start of the financial year and I am sure the answer could be 11 months, 48 weeks or 47 weeks

Class 2 is what she has to pay

CTB02

Yes, your right thanks for you swift answer Girl pirate. How do you remember all this stuff. Glad you do though.

pirate

Goodness knows it was a year ago so obviously this stuff sticks

Good luck when is the exam

CTB02

Thanks for the good luck wishes. Tuesday morning so one day left to get my head about losses and the rest.

pirate

Loads of time
seriously good luck