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PTP TR - Class 2 NIC is calculating as £156 instead of £159

Article ID
kba-03732
Article Name
PTP TR - Class 2 NIC is calculating as £156 instead of £159
Created Date
15th April 2020
Product
Problem
Class 2 NIC is calculating as £156 instead of £159
Resolution

The 2019-20 tax year is a 53 week year rather 52 weeks.  The Class 2 NIC should be £159 instead of £156.  The share fisherman rate should also be £193.45 over 53 weeks.

This issue will be corrected in the next release but the workaround is to manually override the value via the fanned pages icon ‘Enter Class 1 and Class 2 amount(s) here for Class 4 Calculation’ within the Calculation screen.

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