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Gifting assets?
Evening all. My in laws have over 45k in an ISA. Because of this, they aren't entitled to any benefits. If they gifted all of the ISA money to my partner, would there be any tax implications for us? And if anyone has done similar, was there any questions asked when they applied for any benefits? We are not worried about…
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HMRC voluntary NIC reference length issue
Hello folks, I am having an issue with paying my & my wife's voluntary NICs from abroad. The HMRC letter asks to pay online where possible, but asks for the following reference length: (by cheque): payable to "HM Revenue & Customs only xx123456X [NIC #] NIC from abroad Area 14". Far too long for e.g. First Direct online…
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National Insurance - missing years
Good morning everyone, this is the first time posting. I am after some advice if possible please. Both my husband and I have missing NI contributions, mine is for one year and my husbands for 2. To pay these would be over £1500. When checking the pension forecast it says we will both get the maximum £221.20 weekly payment…
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Voluntary NI Contributions after working abroad
Hello, After an unsuccessful call with the Future Pensions helpline- I wondered if anyone could offer some advice? On checking my payable gaps via the Government gateway- it has advised that I have nine payable years, for which I can make voluntary NI contributions - from 2007/2008 - 2015/2016. I worked abroad in full time…
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Risks of Topping up UK NI while living abroad and new HMRC deadline today
First, a new decision just made by HMRC and told to me by them on the phone today: Anyone living abroad must have made sure HMRC gets their CF83 form by 5th MARCH (to top up their UK NI before the previously announced April 5th deadline allowing top ups as far back as 2006). So, here's my query... I have 17 years of NI…
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Top up pre 2016
I have a pension that needs topping up and have a few years that are cheaper than the max. The gov website does not offer these and when ringing the helpline was told you can only top up one year prior to 2016. I thought you could take any year back to 2006 until this April. I can find no info that backs up only one year…
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Ten years minimum contribution
Hello, I lived in the UK for 22 years but moved back to Europe in 2019. I'm considering topping up my NI contributions as I have a few partial years and then about 3 I would need to buy in full to get me up to 10 years. Now my question: everywhere on government websites and also on the MSE piece about this it says "you…
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Can I rely on the State Pension Forecast?
HMRC's State Pension Forecast for me has for several years been saying that I am on track for the full state pension and my NI Record shows 37 "Full Year" years. However, how far can I rely on HMRC's Forecast... Some early years when I was at school are classed as "Full year" but when I look at the details, it says "You…
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Why am I offered top with a full State Pension ?
I currently qualify for the full stater pension having accrued 37 years full NI contributions. I retired in 2018 but don't yet claim the state pension as I'm not 67 yet. When I got my state forecast and looked at my NI contributions, it says I can top up missing years (for 2018 onwards). If I can not improve my state then…
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Overseas worker adding to pension
I have a family member from Poland who has been making National insurance contributions for a few years through his employer in the UK. He is now 62 years old and would like to make voluntary contributions to increase his pension. Is he able to do this and if he can how does he go about it? Thanks in advance.
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Gaps + voluntary NI contributions when both employed and self-employed
(I'm reposting this from the parent forum category, didn't see a more specific sub-forum) My father is reaching pension age in July and lives (and works) in a EU country. He worked in the UK for 4 tax years, and those years can apparently contribute towards his pension. However, only two of those years were 'full' and are…
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voluntary NI Class 2 payments - getting very confused applying for multiple years
Hi all,I think I just need someone to break this down for me:I left the UK in september 1999 to live in Ireland, where I have lived ever since.I have 9 years of full NI payments and would like to top up my national insurance payments for every year since 2006. I make that 19 years.I tried emailing the Future pensions team…
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Why have I lost our due to private pension
I retired 2 years ago and had struggled to get a comprehensive answer to why I'm not getting a full pension despite 40 full years. Finally I've been told that its because I had a private pension for 12 years with Scottish Widows that was contracted out. ( 1998 to 2010) i have managed to pay for 2 extra years ,plus a year…
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Am I likely to qualify for Class 2 contributions?
I lost my job some years ago. In the years since then, I have lived somewhat unconventionally; travelling a lot (but not fully "living abroad,") doing voluntary work and largely living off my savings. I've never claimed any benefits whatsoever. I occasionally sell bits and pieces online but have never come anywhere near to…
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Can I top up my state pension?
I think the answer to my own question is no, but thought it worth checking with those more knowledgeable than me, before it is too late (if it isn't already!). My National Insurance record shows that I have the 2 years up to 5 April 1975 (being in full-time education) then full years from April 1975 to April 2011. I was…
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Likelihood of minimum years paid increasing?
Hi all, I have a few gaps in my NI record, I'm likely to not need to fill them though to have the 35 years before retirement. I'm wondering though, how likely is it that before I retire, the minimum number of years might be increased (and therefore I should maybe close some previous gaps)? Is it something that's often…
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Voluntary NIC contributions - yay or nay?
Hello all! I'm currently a graduate student with part-time work (tutoring, consulting, etc). In the last two years, I have not passed the threshold to pay NIC/tax (most of my income still comes from my funding body). I am just wondering whether I should make the choice to pay £824.20 by 5 April 2029, and then £907.40 by 5…
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Buying extra state pension qualifying years
I would like to buy some additional NI qualifying years for one of my sons who cannot afford to do so himself. His income includes an element of Universal Credit, and my concern is that if I send him the money so he can buy them using his own bank account, it might cause his benefit payments to be reduced, if HMRC assumes…
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Cheapest way to Improve Your NI Record
The cheapest way to improve your NI record is to go self-employed. If you've left fulltime employment and need to improve your NI record then signup as self employed. If you earn under £1000 you do not pay any tax and you can opt to pay voluntary Class 2 NI contributions. For year 2023/2024 it cost me just £176 to get a…
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Pension credits back-fill date confusion
In an article about pension credits on this site, it's mentioned (more than once) that you can 'only' buy back up to 2016 (from 2006). I just spoke to the pension helpline and asked about this - as their recorded message also states the same. The customer service advisor said no, I can buy back after that date (i.e. also…
