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Specialisms

National Insurance Refund Due?

There is a limit as to how much NI you should pay. Particularly if you have income from more than one employment or from employment and self-employment, you may be due a refund.

Many opticians and optometrists pay more NICs than they need to because collection of the different classes of Contribution are handled separately during the year- and the National Insurance Contributions Office (NICO) is not obliged to check for overpayments at the end of the year so repayments are not automatic.

Typical situations which might lead to overpaying NICs are

  • More than one job
  • A full time job and a part time self employment

If you fall into either of the above categories there is a good chance that you have overpaid - unless you applied for deferment in advance.

For a free no obligation chat about our services or for advice on how to claim your NIC refund please telephone Desirie Lea on 0151 348 8400 or email specs@moco.co.uk

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