h&h Accountants Ltd
h&h Accountants Ltd
16-17 Hammet Street Taunton
Somerset TA1 1RZ
T  01823 325610 F 01823 325611
E  more@handhaccountants.com		 h&h Accountants Ltd
Horton House, 8 Ditton Street, Ilminster Somerset TA19 0BQ
T & F  01460 52666
E  more@handhaccountants.com
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 REFUNDS ON HOLIDAY HOMES EXTENDED TO NATIONAL INSURANCE

Following publication of The Social Security (Contributions) (Amendment No 3) Regulations 2011 (SI 2011/797) that align the National Insurance position with that for income tax, taxpayers can claim a refund of Class 1A National Insurance paid in respect of foreign holiday homes bought through a limited company. It is already possible to claim a refund of tax: see ITEPA 2003, s 100A and s 100B.

Taxpayers who can show they paid Class 1A National Insurance contributions for any year before 2008/09 on the benefit of living accommodation, which qualifies for exemption in accordance with s 100A and s 100B, should contact HMRCs Customer Operations PAYE Employer Office, BP4009, Chillingham House, Benton Park View, Longbenton, Newcastle upon Tyne NE98 1ZZ. Refund applications must be made in writing no later than 6 April 2015

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H and H Accountants limited. Registered in England No. 3058429.  16 Hammet St. Taunton TA1 1RZ.   Website and content © 2012

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