NIM70700 - Class 2 National Insurance contributions: general information: deferment

Regulations 90 and 95 of the Social Security (Contributions) Regulations 2001 (SI 2001 No 1004)

Deferment is not available for Class 2 and Class 4 NICs for the 2015 to 2016 tax year onwards.

From the 2015 to 2016 tax year, Class 2 NICs is payable annually through the Self Assessment system.

Up to 5 April 2022 a Class 2 NICs liability only arose where the self-employed person had relevant profits at or above the small profits threshold (SPT) – see NIM70150.

From 6 April 2022 a Class 2 NICs liability only arises where the self-employed earner has relevant profits exceeding the Lower Profits Threshold (LPT) – see NIM70001.

Any Class 1 NICs paid during the tax year may already be recorded on the person’s National Insurance account by the time the Self Assessment return is filed, and where the annual maximum has been reached the person will not be required to pay Class 2 NICs.

Deferment was available for tax years prior to 6 April 2015, see NIM20725.