Sorry. You need to upgrade your browser

You are using Internet Explorer 8

This is considered an out of date browser. This website has been developed with modern browsers in mind to allow it to display at its best in a wide variety of viewing situations - including mobile viewing. But we haven't supported older browsers like IE8. Please upgrade to the latest version of Internet Explorer - or try Mozilla Firefox or Google Chrome. Both are excellent browsers.

Thank you.

Chartered Certified Accountants
and Business Advisors

01530 267320

Class 2 NIC Confusion – Check your figures!

If you are Self-Employed you need to ensure you have paid the right amount of Class 2 National Insurance Contribution for the 2015 / 2016 period.

The confusion has come about as HMRC continue to run two separate computer systems and when they stopped collecting Class 2 Contributions through Direct Debit in July 2015, the systems didn’t communicate and the data used for creating the tax liability for the period may not include the correct amount of NIC Contributions.  Even though HMRC stopped collecting the Class 2 NIC contributions – the amount continues to be due.

What to do:

You need to check that you have paid the correct amount of Class 2 NIC liability for 2015/2016 period or that it is correctly calculated on your self-assessment form.

Sence are working through our clients to ensure this is resolved.

Remember, non-payment if class 2 NIC may affect the tax-payer’s eligibility for a state pension when they eventually reach retirement age.

If you would like further information on National Insurance Contributions, please contact our Accounts Team on 01530 267 320 or email

25 Jan 2017

« Back to latest news

Latest news


The contributions into workplace pensions will rise to a 2% employer minimum and 5% total. They are currently 1% and 2% ...

Click to read more >

National Insurance

The lower earnings limit will rise by inflation to £116 per week and the thresholds for when national insurance kicks i...

Click to read more >

Tax rate and allowances

The personal tax allowance will increase to £11,850 from the new tax year. Therefore, the emergency tax code will be 11...

Click to read more >

Overtime Complications

Have you considered the ruling which says that voluntary overtime if paid sufficiently regularly must be included in hol...

Click to read more >

Bank Holiday Problem 2018

The holiday year in England and Wales is 1 April to 31 March, and you might not yet have looked at where Easter falls in...

Click to read more >

HMRCS’s interest rate rises

In August 2016 the interest rate HMRC charges you for not paying your tax bill on time (which tracks bank interest rates...

Click to read more >

Scotland’s Finance Secretary has made radical changes to income tax rates for 2018/19

The table below shows the Sottish income tax rates and allowances for 2018/19: Personal tax-free all...

Click to read more >

Another year of the flat rate National Insurance

From 6 April 2018, the flat rate Class 2 national insurance contributions for the self-employed was due to be scrapped; ...

Click to read more >

How can we help?




Good tax advice in a friendly and professional manner.

Dave Heard
Compressed Air Services Limited

Click to read the full testimonial >