Class 2 National Insurance
You may remember back in 2015, George Osborne announced that the government were scrapping Class 2 National Insurance contributions for self employed workers.
However, the government has recently announced that they are scrapping the move to abolish the contributions, citing concerns that low earning self-employed workers would pay more than the contributions themselves to access state pension. There was also concern over whether this would make the UK tax system even more complicated.
The content of this article is for general information only and does not constitute tax advice. It should not be relied upon and action which could affect your business should not be taken without appropriate professional advice.
Ellie Hammett ACCA
Ellie started with Evolution ABS in April 2010, gained her AAT qualification in September 2012 and fully qualified as a Chartered Certified accountant in December 2015. Ellie now manages a portfolio of mainly agricultural clients.
Ellie grew up on her parents’ dairy farm in Dorset, before moving to Devon in 1998. She now lives with her husband on his family beef and sheep farm in East Devon.
Ellie is currently on maternity leave, but in her spare time, she enjoys helping out on the farm (although not so much the night time lambing) and used to be an active member of Whimple and Broadclyst Young Farmers Club, competing in speaking competitions, drama and showing stock.