Employees with more than one job may be able to defer or delay paying Class 1 National Insurance contributions in certain circumstances. This is done using form CA72A – Defer payment of Class 1 National Insurance contributions. The form to apply to defer payment for the tax year 6 April 2021 to 5 April 2022 has been published by HMRC.
This deferment can be considered when any of the following apply:
- You pay Class 1 National Insurance with more than one employer.
- You earn £967 (2020-21: £962) or more per week from one job over the tax year.
- You earn £1,151 (2020-21: £1,145) or more per week from 2 jobs over the tax year.
This deferral could result in NIC deductions at a reduced rate of 2% on your weekly earnings between £184 and £967 (2020-21: £183 and £962) in one of your jobs, instead of the standard rate of 12%.
HMRC will check if the employee has paid enough National Insurance at the end of the tax year and will write asking for payment if additional payments are required.
HMRC recommend that the application form is submitted before 6 April 2021 but will accept it up to 14 February 2022.