NIM17050 - Class 1A National
Insurance contributions: Refunding Class 1A NICs: Types of Class 1A
NICs refunds
The term ‘refund’ is used to cover both
- the return of Class 1A NICs under
regulation 52 SS(C)R 2001, and
- the repayment of Class 1A NICs under
regulation 55 SS(C)R 2000
As a result there are two types of Class 1A NIC refunds
- Class 1A NICs paid in error –
regulation 52, see
NIM17060
- Class 1A NICs overpaid as the result of an
incorrect assessment, which was based on inaccurate or incomplete
information – regulation 55, see
NIM17080.
