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More than one job? Are you paying too much National Insurance?

Posted by: edwinsmith on January 3rd, 2012

If you have more than one job you can avoid overpaying national insurance contributions by deferring some of your contributions if both of the following apply:

 

  • you pay Class 1 National Insurance contributions with two or more different employers
  • you expect to pay contributions on weekly earnings of at least £817 in one job or £956 in two jobs throughout the tax year

 

The deadline for applying for 2011/12 is 14 February 2012.

To apply you can complete form CA72A Application for deferment of payment of Class 1 National Insurance contributions or if you require further help please contact us.

The renewals for 2012/13 should be issued by HMRC shortly.

Filed under: PAYE, Tax