NIM70350 - Class 2 National Insurance contributions: general information: Budget Payment Plan
A Budget Payment Plan (BPP) is an easier way for customers to pay their Self Assessment tax and NICs. It’s a customer service initiative; helping customers meet their payment obligation. Paying by BPP is voluntary and flexible and allows customers to make regular payments towards a future liability, especially if they’re having difficulties paying in full at the due date.
A BPP customer can:
- decide the regular weekly, monthly or quarterly amount they want us to collect
- choose to change their regular payment amount
- take a break and suspend payment for a period of up to 6 months
- cancel the BPP at anytime
Budget Payment Plans are only available where the self-employed earner is up to date with his or her Self Assessment payments. There is no mandatory requirement for self-employed earners to make such payments. The onus will be on the individual to set-up these payments and decide how much they want to pay.