CLASS 2 NIC FOR SELF-EMPLOYED

Class 2 NICs for the majority of self-employed customers is changing to an annual charge for the 2015-16 tax year onwards. The Class 2 liability will not be established until the Self Assessment return is filed.
Direct Debits for the majority of self-employed customers will stop after collections have been made for the 2014-15 tax year. The last collection date for the 2014-15 tax year will be made on 10 July 2015. (Direct Debits for Class 2 NICs are collected 4 months in arrears.)