Visitor Register Now

Login
Logout
My profile

Starting up:
Are you paying too much NIC?

If you have income from more than one job, or if you have self employment income as well as being employed, then you may be paying more national insurance contributions than you need to.

There is a prescribed annual maximum of national insurance contributions, and you should not be paying more than this. If you only have one source of income, the basic National Insurance calculations should ensure that you do not pay more than this limit. Problems may arise, however, where you have more than one source of income, for example two employments or an employment and a self employment.

If you think there is a chance of exceeding the limit, you can apply for deferment of some of the contributions. After the end of the tax year, your overall contribution position for the year will be worked out and any balance of contributions will need to be paid over.

Deferment applications should be made before the start of the tax year, but applications may be accepted up to 14 February during the tax year.

If you do not apply for deferment in time, it is still possible to claim a refund of overpaid national insurance contributions so long as you make the claim within 5 years and 10 months after the end of the tax year in which the payment was made.

If you think you may be paying too much NIC, ask us about making a deferment application and reclaiming any amounts overpaid.