National insurance contributions

51 Posts


I'm 60 next March, unemployed but a full time carer for a parent claiming carer's allowance. I was checking my state pension forecast, so I logged in to my ni history via UK government gateway website and found out that I have made enough ni contributions to qualify for full state pension in another 8 years or so at the current government legislation. But I have quite a few ni contributions shortfalls from previous years especially in last 5 year's as a full time carer but I didn't claim carer's allowance until last few years. I have options to make voluntary contributions until April 2023, but total amount is £3,645!!!
I could pay it but would really struggle financially especially now with cost of living crisis! if the state pension forecast says I qualify for full pension is there any justified reason for me to pay it? Any helpful advice would be much appreciated, especially if anyone has similar situation!
I could pay it but would really struggle financially especially now with cost of living crisis! if the state pension forecast says I qualify for full pension is there any justified reason for me to pay it? Any helpful advice would be much appreciated, especially if anyone has similar situation!
0
Latest MSE News and Guides
Replies
What is important is the amount you have actually accrued to date, not the likely headline figure of £185.15/week.
have to tell HMRC, plus you could pay class 2, £3.15 a week or £163.80 a year.
My friend wife cut hair a few times a month, so did not need to register as self employed.
Called and asked if she could pay some ni, £819 later and 5 year of ni credit.
https://forums.moneysavingexpert.com/categories/pensions-annuities-retirement-planning
So you did not cut Neighbour’s grass during the summer for £10 a garden ?????.
In your spare time,