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HMRC internal manual

National Insurance Manual

From
HM Revenue & Customs
Updated
, see all updates

Class 2 National Insurance contributions: Small Earnings Exception: How Net Profit is calculated: Admissible expenses: Stock withdrawals

If the applicant has used any of the business stock for their own purposes, treat the market value of the goods as earnings less any amounts paid for them in cash. Market value is normally the retail price.