NIM17120 - Class 1A National Insurance contributions: Refunding Class 1A NICs: Refunding incorrectly paid interest

Regulation 78 SS(C)R 2001

If a person liable to pay Class 1A NICs has paid interest on late paid Class 1A NICs, that interest is repayable where:

• the interest paid is found not to have been due, although the Class 1A NICs in respect of which the interest was paid are due; or
• the Class 1A NICs in respect of which interest was paid are returned to the employer in accordance with either regulation 52 or 55 SS(C)R 1979, see NIM17060 and NIM17080.
• There are no legislative provisions that allow interest to be paid on interest refunded.