Class 2 National Insurance paid by the self employed is changing from April 2011.
Quarterly bills will no longer be issued and payments will be brought into line with income tax payments:
- April 2011 to October 2011 NI contributions will be due by 31 January 2012
- October 2011 to April 2012 NI contributions will be due by 31 July 2012
However, a monthly payment will still be an option but they will now be collected 4 months in arrears instead of 1 month. This will result in a break in collection of Class 2 NIC until August 2011, when the usual monthly collections will re-commerce.