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Do the 2024 changes to class 2 nics affect overseas voluntary contributions?

Answer
Posted Sun, 07 Jan 2024 09:22:40 GMT by
The UK press reports changes to class 1 and class 2 NIC payments, The overseas voluntary contributions have generally related to class 2 payments. Will there be any changes to our rate of contributions as a result of these announced changes for UK residents? Government Web pages are not clear on this, They probably lag press announcements.
HMRC Admin 20 Response
Posted Fri, 19 Jan 2024 14:38:30 GMT by HMRC Admin 20 Response
Hi George Michaelson,
The changes to class 2 National Insurance contributions only affect customers that are liable to pay them.  
If you are overseas and paying the class 2 contributions on a voluntary basis then the changes do not affect you and normal rules would apply.
Thank you.
 

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