N.I. contributions on self-employment + early retirement pension

rockitup

I took an early retirement company pension 5 years ago, but have returned to work part-time (self-employed) in 2013/14 tax year.

My early retirement pension is just over £10k per year and I would like to know if I will have to pay the Class 4 N.I. contribution on the total of the pension & profits, or is it going to be just based on the self-employment profits only?

I am in mid 50's and am currently paying Class 2 contributions already

Thanks

CLAPTON

there is no NI on pension income

rockitup

Thanks Clapton, just one more question.

Is the 9% Class 4 contribution just payable on the profits between the lower and upper profits limit? (e.g. if profit is £11,755 then 9% to be assessed on the £4,000 above the lower profits limit?)

zygurat789

NI Class 4
Profits 0 - £7956 0%
£7957 - £41,865 9%
£41,866 and above 2%

rockitup

Thanks for your help with the NI rates