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Errors in HMRC 2024/25 tax calculations
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Errors in HMRC 2024/25 tax calculations
Reports are coming in about errors in HMRC’s tax calculations for 2024/25 involving Class 2 NI contributions. What steps should you take if you’ve been affected? Class 2 NI. Until April 2024 Class 2 NI was payable by self-employed individuals and business partners through their self-assessment tax returns. It was abolished in April 2024 and is now only payable voluntarily if your annual profits are less than at least £6,725 and you want to add t…
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