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Pointers for my research on contracting PAYE vs umbrella vs "Ltd"

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Comments

  • agrinnall
    agrinnall Posts: 23,344 Forumite
    10,000 Posts Combo Breaker
    HappyMJ wrote: »
    Sorry I've only just got back to this thread.

    No it does not reduce my pension pot.

    I will get £155.65/week in new state pension and that's it no matter how much NI I pay....so I choose to pay zero NI.

    Is that because you already have a complete contribution record? If not then you might want to do a bit more research before deciding to continue paying no NI.
  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    agrinnall wrote: »
    Is that because you already have a complete contribution record? If not then you might want to do a bit more research before deciding to continue paying no NI.


    Thought everyone knew there is an earnings window when you get a credit but don't pay NI.

    https://www.gov.uk/national-insurance/overview

    if you earn between £112 and £155 a week, your contributions are treated as having been paid to protect your National Insurance record.
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