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Changes to National Insurance payment dates
East of England chartered accountants Moore Thompson are advising that from April 2011, payments for Class 2 National Insurance contributions will become due on the same dates as self-assessment tax bills – 31 January and 31 July.
This means that taxpayers who currently make payments to HM Revenue and Customs (HMRC) via telephone or internet banking, CHAPS, bank giro, Post Office counter or post will only receive two payment requests each year, instead of four. These will arrive in the October and April preceding each deadline.
Moore Thompson partner Mark Hildred said: “In the case of monthly payments by direct debit, payments will stop for a short time next year, to bring the payment dates in line. Alternatively a new six-monthly direct debit, collected each January and July, will also be offered”.
Anyone affected by the proposed changes will be sent detailed information by HMRC over the coming weeks.
For more information, please contact Moore Thompson in Spalding on 01775 711333, in Wisbech on 01945 465767 or in Market Deeping on 01778 380850, or visit www.moorethompson.co.uk.
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