We are a partnership and our main business is rental income.  Do we have to pay Class 2 Insurance contribution being self-employed and class 4 Insurance contributions on the rental income profit?  

  

This is a quotation from Tolley’s:

“Property letting will rarely be regarded as self-employment for national insurance purposes, although if the extent of the landlord’s involvement in managing the lettings and looking after the properties is substantial (which might be particularly relevant for furnished holiday lettings), it is possible that the activities will constitute a business, in which case Class 2 national insurance contributions will be payable. Class 4 contributions are only payable where income is taxed as trading income. Even though rents are now treated as being from a business in calculating property income, this is not the same as saying that a business actually exists, and it does not alter the national insurance position.”