Is it correct that class 4 deferment has now been abolished? So an individual with employment income of £100k, and self-employment income of £50k, will be paying 9% on much of their self-employment income for 2015/16?
Many thanks
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sort of, you no longer need to apply in advance as this will be dealt with through the self-assessment tax return.
Why would you need to adjust, surely the tax return software works out the position correctly once all employments/self employments included.