Voluntary Class 2 NIC wrongly refunded

Voluntary Class 2 NIC wrongly refunded

If you made voluntary Class 2 national insurance contributions (NIC) for the 2022- 23 tax year, check whether this payment has been refunded in error by HMRC. Some self-employed taxpayers who made voluntary Class 2 payments by 31 January 2024 may have an unexpected...
National insurance rates cut again

National insurance rates cut again

The headline news from the Spring Budget was further cuts to national insurance contributions (NIC) of 2% each for self-employed taxpayers and employees.

Mind the NIC gap

Mind the NIC gap

Do you know whether your national insurance contributions (NIC) record is complete and correct?