n.i

I wonder if anyone can answer my question? I will be submitting my accounts online by the end of January 14 for the tax year 2013 to 2014. I pay my n.i monthly but can see that I will owe n.i as I have earned more this year than last year. When will the difference have to be paid by? Will it be in full or will they increase my direct debit to include what I owe? Tia

You are paying Class 2 throughout the year but if you earn over a certain amount of profit you have to pay class 4 too. this will be due at the same time as your tax.

This will be of some help :thumbsup:

https://www.gov.uk/self-employed-nat...nsurance-rates

Thanks Simona x