HMRC Admin 21 Response

Hi John
Liability to pay Class 2 NICs ends at the end of the week in which you reach state pension age.  If you reach state pension age on 1 March 2024, your liability to pay Class 2 NICs would end on Saturday 2 March 2024.
As Class 4 NICs are assessed annually, liability to pay them ends at the end of the tax year during which you reach state pension age. Reaching state pension age on 1 March 2024 would mean the last year in which there is a liability to pay Class 4 NICs would be 2023-24.
National Insurance and tax after State Pension age
Thank you.
 

Hi Caroline,
Please speak to our international Trade Teams as below:
Contact HM Revenue & Customs
Thank you.

Hi hugo,
An Exchange Traded Fund (ETF) is a form of Collective Investment Scheme and contains a pool of investments (‘the scheme property’) derived from the contributions of investors. The pool of investments is divided into equal portions called shares, and investors hold a number of shares depending on how much they have contributed. 
The investors in the ETF are beneficially entitled to an undivided share of the investments subject to the ETF and are referred to as shareholders. The price of shares is determined by the Authorised Corporate Director of the ETF (usually on a daily basis) at the current market value of the investments held in the fund.  
An ETF is a collective investment scheme which is: 
OEIC, MTF or a UCITS 
ETF's can be listed on the stock exchange.  
Open ended Investment companies (OEIC's) cannot   
For more information go to  Stamp Taxes on Shares Manual
Thank you.

 

Hi Demelza,
Yes you can claim the trading allowance. If you opt for this, you cannot claim any other expenses for the self employment.
Thank you.