Class 4 National Insurance payments

By P&A Knowledge Team · 17 October 2024 · Posted in

Self-employed individuals are usually required to pay Class 4 National Insurance contributions (NICs) if their annual profits exceed £12,570. For the 2024-25 tax year, Class 4 NIC rates are set at 6% (down from 9% in 2023-24) on profits between CONTINUE READING