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30-01-2010, 11:44 AM
  #1  
Business Planning
 
Join Date: Jan 2010
Posts: 2
Hello

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
30-01-2010, 01:47 PM
  #2  
DIY Accounting Moderator
 
Join Date: May 2009
Location: Leeds
Posts: 1,382
DIY Accounting Sole Trader and Self Employed products calculate the Self Employed suplements one business at a time I'm afraid.

I found a post here: http://forums.moneysavingexpert.com/...tml?p=28640275 where someone suggests a solution
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