Universal credit and self employed national insurance contributions

Rangytangy

Hi there need a little advise on whether I can submit class 2 national insurance bill still owing from previous year on my universal credit expenses .There is a expenses column say ni contributions but all the info I can gather does not state if it allows the contributions from previous years or just for the relevant year.

calcotti

UC works on a cash accounting basis so payments are taken into account when they are made. I believe therefore that you can include this payment.

tomtom256

Yep, it's an allowable business  expense in the assessment period it's paid out in.

NedS

tomtom256 said:

Yep, it's an allowable business  expense in the assessment period it's paid out in.

Correct, it does not matter what period it relates to, it's the date that the payment is made that is relevant.

It's the same for any business expense (or income). Doesn't matter then the expense was incurred or work carried out, it's the date the payment occurred that is relevant.