Class 2 NI - 2023/24

Is the class 2 NI liability for 2023/24 based on the standard profits and the transitional profits combined ? So if the standard profits were below 12570 but the transitional profits took you over the threshold would Class 2 be payable?

Hi,
A business can choose any date as their ‘year-end’ when preparing their profit and loss accounts.
However I can confirm that liability to pay Class 2 and 4 NICs is based on the profit declared on the tax return for that year, regardless of accounting periods used.
Thank you.