Partnership Full/Short 13 - Adjustment to Profits Chargeable to Class 4 NICs

There are adjustments that reduce the amount of Class 4 NICs payable, such as:

• cash basis adjustments
• adjustments for changes in accounting practice
• certain losses from earlier years
• earnings as an employee which have been included in your profits
• income which is disregarded for Class 4 NICs purposes

Self-isolation support payments are taxable, but you do not pay National Insurance contributions on the payment. If you received such a payment or payments, include the amount that you received in this box.

You must also include the payments in the 'Any other business income not included in the partnership accounts' box.

For more information on self-isolation support payments, go to How to report self-isolation support payments.