Backdating Class 2 Exception

Backdating Class 2 Exception

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Hi

My client has recently registered for self-employment on a new business.  He had in fact been self-employed(!) helping to run some rental properties held by a family trust for which he charged the other beneficiaries £1000 each per annum, his total income from this source was £4,000 per annum.  The Revenue have sent a letter for Class 2 payments not made backdated to 2010/11. 

Can I claim Class 2 small earnings exception and if so how many years can I backdate it for.

Any help would be useful.

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By sijolees
19th May 2014 10:23

Once the Returns are submitted to HMRC to confirm the low level of self-employed income you can write to the NIC Office and explain that SEE would have applied. I find that they will usually waive the Class 2 in these circumstances.

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