Press Releases

February 2011

Changes to National Insurance payment dates

South-West chartered accountants Milsted Langdon are advising that from April 2011, payments for Class 2 National Insurance contributions will become due on the same dates as self-assessment tax bills – 31 January and 31 July.

This means that taxpayers who currently make payments to HM Revenue and Customs (HMRC) via telephone or internet banking, CHAPS, bank giro, Post Office counter or post will only receive two payment requests each year, instead of four. These will arrive in the October and April preceding each deadline.

Milsted Langdon tax partner Elaine Durrant said: “In the case of monthly payments by direct debit, payments will stop for a short time next year, to bring the payment dates in line. Alternatively a new six-monthly direct debit, collected each January and July, will also be offered.”

Anyone affected by the proposed changes will be sent detailed information by HMRC over the coming weeks.

For more information visit www.milsted-langdon.co.uk or call on 0117 945 2500.