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Class 4 NI is payable on a part time self employment second?

I work full time and pay taxes and NI through PAYE. I am now looking to start a small business self-employment, I will be liable to pay Class 4 NI on the profits that I make?

Yes, on profits over £ 5,715 for the year 2009-10.

JOB FAIR: SEEKING EMPLOYMENT

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