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HMRC have published new regulations relating to the payment of Class 2 and voluntary Class 3 national insurance contributions (NICs) for past years.

Class 3 contributions for the 2006-07 tax year which are paid after 5 April 2009 and voluntary Class 2 contributions for the 2006-07 tax year which are paid after 5 April 2008 generally have to be paid at the highest rate in force between the 2006-07 tax year and the date of payment. This means that such late paid contributions are charged at a higher rate.

The Social Security (Contributions) (Amendment No 6) Regulations 2008 (SI 2008/3099) allow contributors to pay voluntary Class 2 or Class 3 contributions for the 2006-07 tax year at the rate originally applicable for that year (£2.10 per week for Class 2 and £7.55 per week for Class 3) provided they are paid no later than 5 April 2013.