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Qualifying Year for state pension with earnings less than primary threshold
sue_mcgorrigan
Posts: 11 Forumite
Following the 2022 budget when the threshold for paying employee NI, I am confused about the impact this will have on state pension qualifying years for low earners.
if I earn £10,000 a year, I no longer pay any NI at all (although my employer still does). Will I still get a National Insurance annual credit to add to my state pension qualifying years?
if I earn £10,000 a year, I no longer pay any NI at all (although my employer still does). Will I still get a National Insurance annual credit to add to my state pension qualifying years?
0
Comments
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You aren't impacted as far as a qualifying year is concerned as the LEL hasn't changed.2
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If you earn more than £123/wk, or £533/mth, then you get credit for NI
If you earn less than £242/wk, or £1048/mth, then you don't pay any NI
You are in the sweet spot here
1
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