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Where Taxpayers and Advisers Meet

How is class 2 Nic paid?

billyg
Posts:124
Joined:Wed Aug 06, 2008 3:47 pm
How is class 2 Nic paid?

Postby billyg » Sat Nov 23, 2024 4:15 pm

Hi, I have a letter from hmrc saying they will request class 2 noc monthly from my account.
It doesn't say what account and I can see it coming from any of my accounts.

I'm self employed, I thought this is now taken from my self assessment total at the end of the year?

pawncob
Posts:5162
Joined:Wed Aug 06, 2008 4:06 pm
Location:West Sussex

Re: How is class 2 Nic paid?

Postby pawncob » Sat Nov 23, 2024 8:37 pm

Class 2 is collected by DD.
Class 4 is paid bi-annually.
With a pinch of salt take what I say, but don't exceed your RDA

bd6759
Posts:4377
Joined:Sat Feb 01, 2014 3:26 pm

Re: How is class 2 Nic paid?

Postby bd6759 » Sun Nov 24, 2024 11:48 pm

Class 2 is now collected annually by self assessment. But you need to be registered.


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