Calculate the amount of class 4 national insurance

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Question: Sean is self-employed, and his tax adjusted trading profit for the year ended 5 April 2022 was £82,700.During the tax year 2021-22, Sean contributed £5,400 (gross) into a personal pension scheme. Required: Calculate the amount of class 4 national insurance contributions (NIC) will Sean pay for the tax year 2021-22. Clearly state your workings

Reference no: EM133610995

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