HMRC’s new class 2 NIC system goes pear shaped.

June 6th, 2016  |  Published in Uncategorized

Like me, you probably got a letter to explain that for 2015/16, HMRC are no longer taking monthly (or quarterly) Class 2 NIC paymentsd, but are adding it to your Self Assessment.

This has been happening, however due to conflicting computer systems at HMRC they have also been paying this extra back to some people, leaving you with no NIC credits for the year, which becomes an issue when you apply for your pension. They do know about it, and will fix it in November, apparently.

If this happens to you, let me know and we’ll poke them with a stick.

It really bodes well for their ‘Make Tax Digital’ strategy, doesn’t it?



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