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Collection of class 2 NICs

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The CIOT advises members to check that their self-employed clients are correctly registered for self-assessment. In discussions with HMRC, the CIOT noted that class 2 NICs are in some cases not being included in a taxpayer’s self-assessment calculation and as a result go unpaid. In a statement, HMRC confirmed that ‘in the overwhelming majority of cases, the underlying reason is that the self-employed person has not correctly registered as self-employed’. On cost grounds, HMRC does not intend to implement a global ‘fix’ to identify individuals who are not correctly registered, so the CIOT suggests that members encourage clients to set up and use their personal tax account to check that their class 2 record is up to date.

Issue: 1493
Categories: News