Class 2 NIC on SA302

From the tax year 2024-25, if your profits are £6,725 or more a year, Class 2 contributions are treated as having been paid to protect your National Insurance record. This means you do not have to pay Class 2 contributions.

In Andica SA100 Self Assessment Software, while Class 2 NIC value in SA110 Box 4.1 'Class 2 NICs due' will be displayed as required by HMRC, the SA302 Tax calculation summary does not need to show the calculations for Class 2 NIC payable, as it is treated as being paid.

SA302 Tax calculation summary generated by the software is for your purposes and does not get sent to HMRC. HMRC will perform their own calculations based on the tax return entries you have submitted.

The software calculates tax and allocates various allowances in line with Government (HMRC) tax calculation specifications and computational rules.

Details about this and Self-employed National Insurance rates are provided on https://www.gov.uk/self-employed-national-insurance-rates

Disclaimer: Any web links provided to third party website are for your reference, we do not have any control on the validity and content on those websites.