A couple of questions on my wife's national insurance record and ongoing NI contributions.

vacheron

p00hsticks wrote: »

Any reason why the benefit can't be in her name ? It would save you the hassle of having to do the transfer and ensure she doesn't miss out on the credits.

When our son was first born she was not a full UK citizen and so was ineligible to claim.

When we later asked about transferring the payment from me to her, we were told that the only way to do this would be for me to renounce my entitlement to the benefit, then once that was complete, she would then have to start a brand new application for which she may have to attend in person, then, when this was approved, she could then apply to have all the payments and credits which had been missed in the intervehing time back paid into her account.

To be honest, just filling in the one page transfer form each year seemed a lot easier and safer! :rotfl:

molerat

vacheron wrote: »

Thanks. And it states 21 years needed before the 5th of April 2051.

So, IMO, there is no point buying those missing years as she has more than enough time to fill any gaps nearer retirement age, the price only increases with inflation. You only need to start panicking if the amount of years needed is more than the number of years left to go, something to review every 5 years or so.

vacheron

molerat wrote: »

So, IMO, there is no point buying those missing years as she has more than enough time to fill any gaps nearer retirement age, the price only increases with inflation. You only need to start panicking if the amount of years needed is more than the number of years left to go, something to review every 5 years or so.

Great, thanks for putting my mind at ease. Plus I know a lot more now than I did this time yesterday! :T

atush

vacheron wrote: »

When our son was first born she was not a full UK citizen and so was ineligible to claim.

When we later asked about transferring the payment from me to her, we were told that the only way to do this would be for me to renounce my entitlement to the benefit, then once that was complete, she would then have to start a brand new application for which she may have to attend in person, then, when this was approved, she could then apply to have all the payments and credits which had been missed in the intervehing time back paid into her account.

To be honest, just filling in the one page transfer form each year seemed a lot easier and safer! :rotfl:

i am not a UK citizen and I claimed CB for 14 years

atush

Will she go back to work at some point?

If so, you dont really need to buy those past years.

zagfles

vacheron wrote: »

zagfles: Her record shows the £168.60 with 33 years left to pay. Thanks for clarifying what constitutes a qualifying year. So if I am reading your response correctly, HMRC won'r care if she earns 52 weeks pay at £118 (£6136) or 7 weeks at £876 (6136) in order to qualify?

Yes those should be OK but note that it doesn't necessarily extend to other similar scenarios.

For instance if she earned £118 for 50 weeks, £128 one week and £108 one week, same total, wouldn't be a qualifying year. Because the week earning £108 wouldn't count at all, as any week earning below LEL doesn't count.

Also if she earned £6136 in a single week, that wouldn't be a qualifying year either as most of it is above the UEL. Earnings above the UEL don't count.

Note - if she gets paid monthly, then instead of week, you need to use the monthly amounts for the LEL, UEL etc in the link I posted earlier.