HMRC Issues Statement on Technical Issue with Class 2 NIC Tax Calculations
August 11, 2025
Recently, we’ve seen a surge in calls from concerned clients who have received amended tax calculations (SA302) from HMRC. From April 2024, compulsory Class 2 National Insurance Contributions (NICs) of £179.40 were abolished for self-employed individuals with profits exceeding £6,725. Those with profits below this threshold can still make voluntary