Class 4 NI

alijb_2

I am a 63 year old self employed woman and have been paid my state pension since Feb 2010...when my accountant submitted my self assessment form on line it allowed my Class 4 NI payment to be paid....however I thought that you only paid this contribution for the tax year after you turned 60 then you did not pay it amymore. My accountant believes this may now be dependant on the new retirement ages for woman. Which if so seems unfair when I was allowed my pension at 60. I was born in 1949. My husband has been receiving his state pension now for two years and his self assessment form when submitted allowed the NI payments not to be paid.

Can anyone confirm if this is right or not?

PlutoinCapricorn

Current state pension age seems to be the cutoff point.

Provided that your birth date was entered correctly, the online calculator will have got it right.

zygurat789

PlutoinCapricorn wrote: »

Current state pension age seems to be the cutoff point.

Provided that your birth date was entered correctly, the online calculator will have got it right.

Sex is also important!

nomunnofun

Yes and the op is absolutely correect - I think that I would be speaking to the accountant.

PlutoinCapricorn

Is this for FY 2011/12? It is very confusing that we need to think in terms of three tax years: the one we need to file for, the current one and the coming one!

nomunnofun

Yes - but i believe that the government only started to mess about with pension ages for ladies who reached 60 after 6th April 2010, six weeks after the op did.

zygurat789

You are exempt from Class 4 Ni in the tax year when you reach the qualifying age for state pension and all subsequent years.
The OP was drawing state pension in Feb 2010, and, therefor, would not be liable for Class 4 in 2009/10.
The tax return for 2009/10 had to be filed by 31 January 2011 (and lets face it most are submitted in January).
So if this has just happened ie this month and all affairs are current it would appear to be worthwhile just asking the accountant the question.
The two most obvious areas to check on the return are date of birth and sex.

alijb_2

Have spoken about this to the accountant hence my question on here as it doesn't seem right somehow ...would it be picked up by the HMRC if it's is wrong?

I'll check with him though to make sure he has my date of birth right.

zygurat789

alijb wrote: »

Have spoken about this to the accountant hence my question on here as it doesn't seem right somehow ...would it be picked up by the HMRC if it's is wrong?

I'll check with him though to make sure he has my date of birth right.

No it's self assessment - they believe what you tell them.
However, their sofware may be able to check that you are receiving a state pension and, therefor, should not be liable to class4

zygurat789

zygurat789 wrote: »

You are exempt from Class 4 Ni in the tax year when you reach the qualifying age for state pension and all subsequent years.
The OP was drawing state pension in Feb 2010, and, therefor, would not be liable for Class 4 in 2009/10.
The tax return for 2009/10 had to be filed by 31 January 2011 (and lets face it most are submitted in January).
So if this has just happened ie this month and all affairs are current it would appear to be worthwhile just asking the accountant the question.
The two most obvious areas to check on the return are date of birth and sex.

No I got that wrong it should be 2010/11
The tax return for 2010/11 had to be filed by 31 January 2012 (and lets face it most are submitted in January).
So if this has just happened ie this month and all affairs are current it would appear to be worthwhile just asking the accountant the question.
The two most obvious areas to check on the return are date of birth and sex