Employees with more than one job may be able to defer (delay) paying Class 1 National Insurance.
You can do this if you either:
- pay Class 1 National Insurance with more than one employer
- earn £815 or more from one job or £970 or more from 2 jobs over the tax year
You’ll usually pay a reduced rate of 2% on your weekly earnings between £155 and £815 in one of your jobs (instead of the standard rate of 12%).
If you’re self-employed
You can’t defer your Class 4 contributions for the current tax year.
You can still defer them for the 2014 to 2015 tax year if you’re likely to pay more than £3,197 for all your contributions combined.
You may be able to claim a refund for previous tax years.
How to defer
Send form CA72A before :
- 14 February 2016 if you’re employed
- 31 January 2016 if you’re self-employed
Paying deferred National Insurance
HM Revenue and Customs (HMRC) will check if you’ve paid enough National Insurance at the end of the tax year, and they’ll write to you if you owe anything.
To pay, send your payslip and a cheque to HMRC. If you don’t have a payslip, include a letter with the following information:
- name, address, telephone number
- your National Insurance number
- the amount you’re paying