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Paying NIC

26/01/2018 14:35:49
26/01/2018 14:31:28
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Posted by IM

I do not earn enough to pay NIC but on my SA it is saying i should still be paying NIC - why is this please?
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Paying NIC

26/01/2018 14:50:06
Hi IM

If you are self employed you will pay class 2 national insurance contributions from the age of 16 until you reach state pension age if you normally live and work in the UK. You are eligible to pay class 2 NI if your profit was above £5965. You will pay £2.80 per week which is £145.60 per annum. These rates are for the 2016/17 tax year.

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