Walter55b
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Class 4 National Insurance calculations on self-employed income incorrect
Hi, I've just completed (but not submitted) my Self Assessment for the 22-23 tax year. My income is a combination of PAYE and self employment. From my PAYE income I have already paid over £4800 in National Insurance this year, therefore by Regulation 100 my self employed income should have NI levied at the 2.73% rate, but Self-Assessment is not taking my PAYE payments into account, and charging NI at 9.73% on my self-assessment income. How do I correct this so that the right NI amount is charged?