Have your say on National Insurance

HM Revenue & Customs (HMRC) is offering self-employed people a say on how they pay their National Insurance contributions in future.

It is running a consultation on whether it would be easier to collect these payments alongside other classes of contribution (‘Class 4’) and income tax through the self-assessment process.

By simplifying the process, it hopes to reduce the administrative burden on the self-employed – who are already required to file an annual self-assessment return, through which their Class 4 contributions are collected.

The consultation will run until 9 October 2013.

More information can be found at www.gov.uk/government/consultations/simplifying-the-national-insurance-processes-for-the-self-employed.

 

Leave a Reply

Your email address will not be published. Required fields are marked *

You Might Also Like