NIC anti-avoidance laws – what’s new

Yet more national insurance legislation is now before parliament. The second National Insurance Contributions Act of the year will be with us in the near future.

Accelerated payment of NIC: as well as reforming the collection of Class 2 for the self-employed, it extends the new tax avoidance regime of paying disputed tax in advance to national insurance contributions. Once the NIC (No 2) Act is in force, HMRC will be able to lay changes to the Contributions Regulations 2001 and, three weeks later, begin issuing accelerated payment notices and follower notices to employers who have used tax-driven remuneration planning schemes.