SolvedNIM38502 | Refunds: Class 2, 3 & 4 NICs: Minimum refund levels
From HM Revenue & Customs · National Insurance Manual
Regulation 52 of the Social Security Contributions Regulations 2001
| Contribution Class | Minimum Refund |
|---|---|
| Class 1 and 2 NICs paid in excess of the annual maximum | One fifteenth of a standard rate contribution, payable on earnings at the current weekly upper earnings limit (UEL) for primary Class 1 NICs for the last, or only, tax year for which the contributions were paid |
| Class 3 NICs | No minimum refund |
| Class 4 NICs | More than 50 pence |
See also NIM38503 covering the ‘small refunds level’