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Posted Tue, 02 Apr 2024 11:32:13 GMT by Rebecca Foy
In 2022/23 tax year Indivdual is over Upper Earnings Limit on PAYE income, pays maximum NI upto £50270 then pays at 2% and has £20,000 self employed income. What National Insurance should they be paying on self employed income?
Posted Thu, 11 Apr 2024 11:46:44 GMT by HMRC Admin 20 Response
Hi Rebecca Foy,
As your self employed income is over the Small Profits Threshold you may be liable for an element of Class 2 as well as Class 4 although the high Cl1 earnings will be taken into account and can reduce both Cl4 and Cl2 depending on the amount of Cl1 paid.  
As we are unable to be specific on this Forum is best you call our NI helpline to discuss the account with specific information so a correct answer can be given.
Thank you.

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