We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Class 2 National Insurance Tax - Deadline 31st Jan - Small earnings - Do I pay?
mannaroth
Posts: 84 Forumite
in Cutting tax
Basically, I'm supposed to be paying my class 2 national insurance tax by the 31st. I earn less than the threshold limit of £5000 something, which means I don't have to pay.
I've found this form online: http://www.hmrc.gov.uk/forms/cf10.pdf
Which is the form I need to print and send in order to receive a small earnings certificate. I don't know how long this takes, so I don't know if I have to pay anyway.
Also, is there anywhere I can obtain this form without printing?
I've found this form online: http://www.hmrc.gov.uk/forms/cf10.pdf
Which is the form I need to print and send in order to receive a small earnings certificate. I don't know how long this takes, so I don't know if I have to pay anyway.
Also, is there anywhere I can obtain this form without printing?
0
Comments
-
When you first registered as self employed, didn't you get a small earnings exemption claim form? I sent mine off immediately and got the exemption doc quite quickly. That was a while back though, maybe things have changed.Who having known the diamond will concern himself with glass?
Rudyard Kipling0 -
No, I didn't get one. Either way, I have the form, but I need to know if I can just send it in the next couple of days and everything get sorted, despite payment being due in a week.0
-
bump, anyone know?0
-
Why is payment of Class 2 NIC (£2.50 per week usually paid monthly/6 monthly via direct debit) due in a weeks time? I thought it was just Class 4 NIC (payable on profits in excess of £5715 and income that was due on 31 January. I would just fill in the form and send it off to HMRC quickly.0
-
I had class 2 that were given deadline of 31st January - quarterly bill. I paid mine. I could get a small earning certificate but have decided to pay class 2 instead, as seems more beneficial.0
-
I cannot guarantee that they still do this, but some years ago when I failed to renew my small earnings certificate HMRC sent a bill, but when I phoned to say I didn't make enough to have to pay NI they cancelled the bill and sent me a new certificate.Signature removed for peace of mind0
-
Why is payment of Class 2 NIC (£2.50 per week usually paid monthly/6 monthly via direct debit) due in a weeks time? I thought it was just Class 4 NIC (payable on profits in excess of £5715 and income that was due on 31 January.
It's Class 2 as well:
http://www.hmrc.gov.uk/payinghmrc/class2nics.htm#1You wanna hear about my new obsession?
I'm riding high upon a deep recession...0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.6K Banking & Borrowing
- 254.5K Reduce Debt & Boost Income
- 455.5K Spending & Discounts
- 247.5K Work, Benefits & Business
- 604.3K Mortgages, Homes & Bills
- 178.5K Life & Family
- 261.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards