Freelancing and NI contributions: ask the expert

I am currently on the payroll part time at one company, so paying national insurance contributions off my wages. However, when I started to do more freelance work in addition to this employment, I registered as self-employed to and set up my own national insurance contributions. I think this means I am paying twice. How to I sort out what I should be paying across the whole of my income?

Be assured, you are unlikely to be paying National Insurance contributions twice. You are paying Class I for your employment and Class II & IV for your self-employment.

However, this situation depends upon exactly how much you are earning and you do need to be aware that there is a cap on contributions an individual is required to make.

The best way to ensure that you are not over-paying is by filling in the relevant NIC form (you can download it from the Inland Revenue website – www.hmrc.gov.uk), sending it to the Inland Revenue and they will calculate it all for you.

If you would like further help with this, please feel free to contact me.





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