Having poured over this on and off for the last two days(!) with a hot towel round my head I wondered if a greater expert than me could very kindly check my conclusion on this employed and self-employed situation.
Year: 2012/13
Class 1 paid: £1690
Class 2 paid: £82
Self-employed profits: £14,482
As I read it, this falls into case 2 of regulation 100(3) as illustrated in NIM24187 and following that example I’ve calculated the annual maximum C4 as £1506, and concluded that the normal (9%) C4 calculation - £619 - should be paid as part of self-assessment and no deferment is needed or refund due.
Any help very much appreciated!
Replies (2)
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Probably, but you need
the Class 1 boxes (a)-(d) from the P60 as the Class 1 at Step 4 is (c) + (d) at the primary rate, and not necessarily - though probably - the Class 1 paid.
Otherwise I think your assumptions are correct