My wife has never worked, how can she get her state pension? 3 February at 10:36AM in Pensions, annuities & retirement planning 6 replies 835 views

Crazytrader2021

she is 40s,we have a property to let, I have been working. any ideas please? someone told  me she can do the self accessment tax returns and starts from there

Dazed_and_C0nfused

Crazytrader2021 said:

she is 40s,we have a property to let, I have been working. any ideas please? someone told  me she can do the self accessment tax returns and starts from there

Why isn't she already doing them?  But rental income doesn't usually allow you to pay Class 2 NI.

Class 3 NI is a common route or credits from getting Child Benefit may be another.

Has she checked her current forecast on gov.uk?

xylophone

Has she checked her situation here?

https://www.gov.uk/check-state-pension

What exactly does the forecast say?

Marcon

Crazytrader2021 said:

she is 40s,we have a property to let, I have been working. any ideas please? someone told  me she can do the self accessment tax returns and starts from there

Why hasn't she been working? The answer to that might mean that she qualifies for NI credits: https://www.gov.uk/national-insurance-credits

Exodi

Except the intense jealousy I have at the idea someone in their 40s having never worked, the reason people are asking why is because if you had children then her claiming child benefit would generate national insurance contributions. It's the general strategy for stay at home parents.

If she is just in the fortunate position that you are both flush with cash and she hasn't needed to work (and you don't have children), the objective view would be your wife wouldn't get a state pension as she hasn't contributed anything towards it.

You can however buy missing years through voluntary contributions, if you have the disposable cash. It's generally good value but you should always seek professional advice.

SouthCoastBoy

If she is in her 40s she may well have 20+ years to go until state pension age, so still time to accrue some state pension.

Simon11

Exodi said:

Except the intense jealousy I have at the idea someone in their 40s having never worked, the reason people are asking why is because if you had children then her claiming child benefit would generate national insurance contributions. It's the general strategy for stay at home parents.

If she is just in the fortunate position that you are both flush with cash and she hasn't needed to work (and you don't have children), the objective view would be your wife wouldn't get a state pension as she hasn't contributed anything towards it.

You can however buy missing years through voluntary contributions, if you have the disposable cash. It's generally good value but you should always seek professional advice.

I am potentially slightly concerned that the poster doesn't seem to be fully up to speed with what self assessment is and surely would have looked into this as...based on the limited information above at least one of them should be doing the self assessment in order to pay appropriate tax on the property which is rented out (or is this managed through a limited company? ).