Have your say on National Insurance
HM Revenue & Customs (HMRC) is offering self-employed people a say on how they pay their National Insurance contributions in future.
It is running a consultation on whether it would be easier to collect these payments alongside other classes of contribution (‘Class 4’) and income tax through the self-assessment process.
By simplifying the process, it hopes to reduce the administrative burden on the self-employed – who are already required to file an annual self-assessment return, through which their Class 4 contributions are collected.
The consultation will run until 9 October 2013.
More information can be found at www.gov.uk/government/consultations/simplifying-the-national-insurance-processes-for-the-self-employed.