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National insurance
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sunrise27_2
Posts: 1,349 Forumite
in Cutting tax
I'm not sure this is in the right place so feel free to move it .
I know that you only start paying national insurance when you earn over £162 a week but I also know there is a lower threashold where you don't pay NI but it is still counted towards your eligible years . Could anyone tell me what the lower threshold is ?
Due to having to cut hours at work I will now be earning £158 a week but don't want this to affect my eligible years towards my pension .
I know that you only start paying national insurance when you earn over £162 a week but I also know there is a lower threashold where you don't pay NI but it is still counted towards your eligible years . Could anyone tell me what the lower threshold is ?
Due to having to cut hours at work I will now be earning £158 a week but don't want this to affect my eligible years towards my pension .
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Class 1 LEL is £116 per week, so you will get the NI credits at £158 per week.
https://www.gov.uk/government/publications/rates-and-allowances-national-insurance-contributions/rates-and-allowances-national-insurance-contributions#class-1-national-insurance-thresholds0
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