I had thought that Class 2 NI was being abolished from April 2016 and that this might have been confirmed in the Autumn Statement.
However the NI Rates published yesterday by The Treasury for 2016/17 show Class 2 NI rates at £2.80 per week.
So it looks like this will still exist next year (albeit now collected through SA)
Do others agree?
Replies (6)
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I didn't think it was going to be abolished.
My understanding was that it was only the collection method that had changed.
I thought so too
I thought it was being abolished too.
In fact there were two lots of DD going out of my bank account ie two people & one stopped automatically a few months ago but the other is still continuing.
So, I'm not sure what it going on and I've not got round to investigating it yet.
Me too
I understood it was still in force but now through SA.
People who have become self employed since 5 April 2015 seem to be in no man's land, some being billed and others completely forgotten about.
definitely
Will be charged through the SA account, clients are no longer recieving the paper bills every 6 months.
Announced in March
It was announced in the March budget, that Class 2 would be abolished.
http://pwc.blogs.com/private_business/2015/05/changes-to-class-2-nationa...
Not sure how/when this was supposed to be legislated.