MSE News: Abolition of class 2 national insurance payments delayed until 2019

Former_MSE_Callum · 3 November 2017 at 5:07PM

The Treasury has postponed the scrapping of 'class 2' national insurance contributions until April 2019, meaning many self-employed workers will have to pay almost £150 more than expected over the extra year...

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'Abolition of class 2 national insurance payments delayed until 2019'

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marlot · 3 November 2017 at 9:02PM

Good new for my wife and her micro business! One more year of cheap NI!

gadgetmind · 4 November 2017 at 10:39AM

Yes, my wife has been running a "micro business" for many years and has close to full single tier despite only having been in employed work for 4-5 years in her entire life! This extra delay will get her within two years of full SP and we then just need to decide whether to Class 3 for the rest.

patman99 · 4 November 2017 at 6:58PM

I must admit the best advice I was ever given when discussing going self-employed with my then jc advisor was to pay Class 1 NI. That. Way, should there be a downturn in work, you would be entitled to full benefits until you returned to work.