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Self employed. 2023/4 tax year. Correct way to pay NI for state pension credit?
In previous years I have paid class 2 NI, sometimes compulsory, sometimes voluntary depending on profit. It all went a bit wrong last year when there was a system problem and my NI for last year did not show on my NI record. Now finally resolved after much complaining. So I understand things are changing from the 2023/4…
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Buying Missing NI Years
Following Martin's recent reminder, had a look at my wifes NI record and found some gaps from 2006/07 to 2012/13. Call HMRC and was told that we can buy the missing years but it won't affect the pension that she is already receiving. That's not what we understood from Martin's explanation
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Small shortfall in Pension Benefit...
My pension is due in 2029 but I am now retired. My maximum pension is £221.20 per week and my current estimate is £218.71 per week. I am 62 and have full national insurance payments paid but was opted out by my company Royal Mail. My question is how do I make up this small shortfall if possible. Many thanks
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Child Benefit and Pension Credits
Hi All - I need some help as this is all quite confusing My wife and I have three kids, all which recieve child benefit. I work and my wife didnt when the kids were small so she hasnt racked up any NI contributions from this period. The benefit was claimed in my name as I didnt know this would impact her contributions. We…
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Why paying for gabs in NI years if I can get the same amount with Pension Credit?
Hi, I am reaching the State Pension age in about six months, and
my forecast State Pension is about £82 a week (13 full years). I have the
option to pay for another 12 gab years, about £10,000, to get my State Pension
to about £160 a week. I just wonder if it is worth to pay this huge amount of money,
while I can get…
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National Insurance years for pension
I've been keeping a check on when I need to pay missing years, was at 34 years had 1 year to go!! Now apparently? I have 2 years to go to get full pension?? Have they extended the amount of years needed in line with the extended year to claim? why are they not stating your years that are complete?
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How to calculate NI contribution top up to get full pension
Currently my wife gets less than the full weekly amount for state pension, but has a number of missing years. The HMRC site tells us how may years she can top up, and the amount, but not how much each year would add to her weekly amount. Where can I get the information to help calculate how many years are required to top…
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how much time to allow DWP to investigate?
Hi all, I have been claiming new state pensions for almost 4 years now. I was living and working abroad for many years including 2006 to 2019 when I returned to the UK. When I got my pension forecast it naturally said "year is not full for those days". I regret I did not check the details as it was rather obvious to me. I…
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Worth paying missing years?
Hi, Attempted calling the Future Pen Cen for advice but no luck getting through. Forecast states if I pay 13 more qualifying years until April 2040 I will qualify for full state pension. I had a a spell outside country from 2005-2010 in the Republic of Ireland so have 4 missing years contributions for this period. If I was…
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Buying National Insurance years
Hello My query concerns paying Class 3 voluntary contributions to purchase additional national insurance years I have just reached the state retirement age and do not receive the full state pension because for most of my working life I was contracted out of SERPS. . Since I have already reached the State Retirement Age I…
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Who can give me a definitive statement on my NI contributions
I'm 71 so already retired. When I reached 65 I was convinced I had a full 35 years - made up of 21 paid in the UK and 14 paid in Australia. My understanding is that the UK had a reciprocal agreement with Australia until 2000/2001. Since my 14 years were just before this deadline I've assumed they're included in my pension…
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Should I top up my state pension?
I was a nurse in the NHS from 1983 to 2019. I left and haven't worked since. I was born in 1963. I have a NHS pension. I don't know whether to top up my state pension or not. I find it all very confusing. Any simple advice would be much appreciated, thank you.
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Online NIC Record
Does anyone know when HMRC update the previous year as showing paid? I know I’ve paid Apr to Apr but fear it may be some months in arrears and want to stop Class 2 contributions now. I just want to make sure 2022-23 is fully paid.
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Can I buy Class 3 NICs for a year I was working?
I am no longer working and have 47 years 'full' NI Contributions but am not eligible for a full pension because I was opted out of S2P by my employers. I could buy this year's voluntary Class 3 NICs at £907.40 to get close to the full pension, but could I pay the 2020/2021 NIC of £795.60 instead (even though I was…
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Overpaying pension on UC? Or overpaying mortgage?
Hello, I didn't realise for years I was entitled to UC, I was also a student for many years. This has resulted in me habitually not spending much. Now that I have UC money is building up in my account very quickly and has taken me over the savings limit (though this is currently disregarded due to being backdated benefits…
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Pension 75 year old mum
My mum is 75. She is a part time care worker. She receives basic state pension as she did not make enough NI contributions. Ive just read that she could have been paying into a workplace pension from the age of 65. I asked if she had and she said she couldn't as she was too old. I dont think this is the case. Is there any…
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When I didn't know about Child Benefit
Hello folks! I am trying to sort out gaps in my National Insurance. These gaps have to do with when I became a mom. I am not from the UK (I'm American) and I simply didn't know better, regarding Child Benefit. Therefore, I didn't apply for Child Benefit until my son was 3 years old & my daughter who was 1 year old. And I…
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Pension forecast
My forecast is short of “full “ pension by about £25 per week. When I rang DWP to increase contributions they said I can’t add to any below 2016. I have 2 year (2013/14 and 2014/15) where I fall short by £67 per year but they won’t let me contribute towards it. I find Martins words misleading as he says you can pay as from…
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NI wrong year
Last year following advice from the Future Pensions Service I purchased 7 additional years, which I was advised would entitle me to a full state pension. I waited 9 months for these to show online and after all that the SRP forecast advised I was still 1 year short. After further discussion with the FPS I decided to…
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Top up Pension
Hello.I am already recieving my state pension,calculated at ,now,£100 a week.Is it possible to top it up? I was unaware of this option.I am 67 in September
