Self Assessment Incorrect Class 2 NIC's Charge

pennypincher3562

[EDIT] I've just realised that I've posted this on the wrong board. If a mod could delete this thread it would be appreciated.

Hi

I am currently filling out my self assessment online. My 'business' is more like a hobby, and makes very little money, but I declare it nonetheless.

I've got to the end of return, and see that they are trying to charge me £145.60 for Class 2 NIC's.

I've no idea why they are trying to charge me for Class 2 NIC's - I should be exempt as my profits are under £5965 (in fact nowhere near it.) I've checked my return, and the summary clearly shows a profit well below the £5965 threshold.

Any idea where I am going wrong?

Thanks.

badger09

pennypincher3562 wrote: »

Hi

I am currently filling out my self assessment online. My 'business' is more like a hobby, and makes very little money, but I declare it nonetheless.

I've got to the end of return, and see that they are trying to charge me £145.60 for Class 2 NIC's.

I've no idea why they are trying to charge me for Class 2 NIC's - I should be exempt as my profits are under £5965 (in fact nowhere near it.) I've checked my return, and the summary clearly shows a profit well below the £5965 threshold.

Any idea where I am going wrong?

Thanks.

You'll probably get more help if you post this on the 'Cutting Tax' board - rather than 'ISAs & Tax Free Savings';)