I Am A Sole Trader With 2 Business 1 at a loss (£10290) & 1 In Profit
(£15701), when i have entered the information into SA, it gives me the the deduction of the loss against the profit minus the personal allowance giving a total trading profit.
This is fair to me but then the class 4 nic
is being calculated on the business that made the profit and not taking into account the loss
is this right or have i missed a box somewhere
would DIY accounting software sort this or does it only produce a outcome foe 1 business at a time