21 Danny and Denise (a) Danny is employed by Rose Ltd. In 2013/14
21 Danny and Denise (a) Danny is employed by Rose Ltd. In 2013/14
(a) Danny is employed by Rose Ltd. In 2013/14, Danny was paid a salary of £55,000 and had taxable benefits amounting to £3,000.
Required
(i) Compute the primary Class 1 national insurance contributions payable by Danny for 2013/14.
(ii) Compute the secondary Class 1 national insurance contributions payable by Rose Ltd in respect of Danny for 2013/14.
(iii) Compute the Class 1A national insurance contributions payable by Rose Ltd in respect of Danny for 2013/14.
(b) Denise started business on 6 April 2013 as a designer dressmaker. Her trading profits in her first year of trading were £45,000.
Required
Show the Class 2 and Class 4 contributions payable by Denise in 2013/14.
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