We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Is it worth signing on - NI contributions?

dh was made redundant from a fairly well paid job a couple of months ago. He got about 6 months salary as a lump sum.

Returning to work seems to be a bit harder than he first thought it would. So should he sign on in any way - probably won't be entitled to anything - but to cover his NI contributions - maybe?

He has worked all his life so has paid all tax and NI.

I am self employed - so income goes up and down - so difficult to see what my annual income is going to be this coming year.

Comments

  • Torry_Quine
    Torry_Quine Posts: 18,886 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Tracyk wrote: »
    dh was made redundant from a fairly well paid job a couple of months ago. He got about 6 months salary as a lump sum.

    Returning to work seems to be a bit harder than he first thought it would. So should he sign on in any way - probably won't be entitled to anything - but to cover his NI contributions - maybe?

    He has worked all his life so has paid all tax and NI.

    I am self employed - so income goes up and down - so difficult to see what my annual income is going to be this coming year.

    He should be entitled to six months contributions based JSA.
    Lost my soulmate so life is empty.

    I can bear pain myself, he said softly, but I couldna bear yours. That would take more strength than I have -
    Diana Gabaldon, Outlander
  • Tracyk_2
    Tracyk_2 Posts: 345 Forumite
    Thanks Torry. Will that pay his NI for the same period?
  • Torry_Quine
    Torry_Quine Posts: 18,886 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Tracyk wrote: »
    Thanks Torry. Will that pay his NI for the same period?


    Yes it will and even after the six months when he no longer can get JSA, hopefully though he'll have a new job before that.;)
    Lost my soulmate so life is empty.

    I can bear pain myself, he said softly, but I couldna bear yours. That would take more strength than I have -
    Diana Gabaldon, Outlander
  • Tracyk_2
    Tracyk_2 Posts: 345 Forumite
    thanks, yes, fingers crossed.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.1K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.2K Spending & Discounts
  • 245.1K Work, Benefits & Business
  • 600.8K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 258.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.