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State Pension Class 3 NI contributions
Vennie
Posts: 1 Newbie
Does anyone know when the increase in the shortfall for making class 3 NI contributions comes into effect. I thought it was from 6 April 2019, but my online NI account shows 23 April 2019?
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Just checked mine and it is the same. Both mine and MrsM's that needed doing this year are done now anyway. All HMRC web links that I have checked still quote 5th April.0
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Have HMRC acknowledged the payments? How long did they take?0
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Does anyone know when the increase in the shortfall for making class 3 NI contributions comes into effect. I thought it was from 6 April 2019, but my online NI account shows 23 April 2019?
It depends... the official position is that the price is frozen up to 5 April so they reserve the right to increase on or after 6 April. When I telephoned recently they promised to charge me only the current price up until 21 April.0 -
Mine has now moved to 26 April, looks like the date set at 4 weeks from when you look. I suspect it is a glitch rather than policy.0
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squirrelpie wrote: »Have HMRC acknowledged the payments? How long did they take?
It should be 10 working days. When mine failed to appear on my NI records within that period I rang up to make sure my bank transfer was successful. The advisor assured me it had and got my records updated the same day.0 -
Many thanks for that. We'll give them a call. We know they've taken the money but they haven't acknowledged despite a request, so we've no way of knowing they've credited the correct years.It should be 10 working days. When mine failed to appear on my NI records within that period I rang up to make sure my bank transfer was successful. The advisor assured me it had and got my records updated the same day.0 -
Due to an error i have not been paying Class 2 NI but have managed to go back to 2006 with it and HM RC's help. i am due to retire in July this year with only 15 years NI. Can i buy any further years at Class 3?0
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You cannot go any further back than 2006 and that far back is only due to a dispensation to ensure everyone could achieve the minimum 10 years required to receive a pension post 2016.JamesJoyceBand wrote: »Due to an error i have not been paying Class 2 NI but have managed to go back to 2006 with it and HM RC's help. i am due to retire in July this year with only 15 years NI. Can i buy any further years at Class 3?0 -
Dear Molerat,
Thank you for your reply, it's cleared up some of my confusion. I had hoped I could buy an extra 10 years over what I have managed so far. Thanks again James0
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