Deferring National Insurance payments

Deferring National Insurance payments

by | May 16, 2024 | National Insurance

Employees with more than one job may be able to defer or delay paying Class 1 National Insurance in certain circumstances. This deferment can be considered when any of the following apply: You pay Class 1 National Insurance with more than one employer. You earn...
Checking your National Insurance records

Checking your National Insurance records

by | Apr 25, 2024 | National Insurance

There is an online service available on HMRC to check your National Insurance Contributions (NIC) record online. The service is available at https://www.gov.uk/check-national-insurance-record In order to use this service, you will need to have a Government Gateway...
Class 4 NICs who is liable?

Class 4 NICs who is liable?

by | Apr 18, 2024 | National Insurance

Most self-employed people are required to pay Class 4 National Insurance contributions (NICs) if their profits are £12,570 or more a year. Class 4 NIC rates for the tax year 2024-25 are 6% (2023-24: 9%) for chargeable profits between £12,570 and...
Entitlement to carer’s allowance

Entitlement to carer’s allowance

by | Mar 27, 2024 | National Insurance

Carer’s credit is a National Insurance credit that can help carers to fill gaps in their National Insurance record. Carers who don’t qualify for Carer’s Allowance may qualify for Carer’s Credit. This may also help carers increase...
Check your National Insurance record

Check your National Insurance record

by | Mar 21, 2024 | National Insurance

There is an online service available on HMRC to check your National Insurance Contributions (NIC) record online. The service is available at https://www.gov.uk/check-national-insurance-record In order to use this service, you will need to have a Government Gateway...
Spring Budget 2024 – NIC changes

Spring Budget 2024 – NIC changes

by | Mar 7, 2024 | National Insurance

As had been widely expected, the Chancellor announced further changes to National Insurance contributions (NIC) rates for employees and the self-employed. There will be a further 2% cut in the main rate of Employee National Insurance from 6 April 2024. This will...