Class 4 NIC owed but already paid Class 2 help!

(5 Posts)
sootica Thu 28-Jan-16 08:42:34

Hi so just finished my tax return and I have to pay Class 4 NIC for 2014-2015.
But I have already paid Class 2 NIC this year. I didn't realise that Class 2 no longer applied to me as my profits were higher this year. Do I just apply for a refund of Class 2 separately? Can't download the form without filling in all my details and it also looks like the deadline is the same as the tax return - will I not get a refund if they don't receive this in time?
Help!

sootica Thu 28-Jan-16 08:43:11

Or should I say somewhere on my tax return that I've already paid class 2.....

sootica Thu 28-Jan-16 08:44:38

Or am I meant to pay class 2 AND class 4? V co fused

TalkinPeace Thu 28-Jan-16 21:01:54

Class 2 is a flat rate per week and is the old fashioned "stamp" that entitles you to a state pension.

Clas 4 is 9% of your profits in teh basic rate band - its just a tax

you have to pay both

sootica Thu 28-Jan-16 21:59:57

Thank you ! I had come to the conclusion that was the answer but hadn't budgeted for that 9 per cent. Yet another reason to do my tax early this year....

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