Clients are employed by their own company. They are both directors but in 2008-09 one of them was recorded as an employee rather than a director resulting in the overpayment of employer NICs. This has only just come to light. Is there a time limit for reclaiming the over payment?
Replies (1)
Please login or register to join the discussion.
From HMRC web site
Refund time limits
There is no time limit for reclaiming overpaid contributions where, for example, you had two jobs or were both employed and self-employed, or you haven't paid enough voluntary contributions for them to count as a qualifying year for your State Pension.
If you have overpaid or wrongly paid for any other reason, there is normally a six-year time limit for claiming a refund. So, for example, a claim for the tax year 2004-05 must be made by 5 April 2011.
However, if you are claiming a Class 2 National Insurance contributions refund because your self-employed earnings for the tax year were below the 'small earnings exception' limit, you must apply for it in writing between 6 April and 31 January following the end of the tax year in which the payments were made, and provide evidence of your earnings for the whole tax year.