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Help please deciding whether to buy additional NI years

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  • molerat
    molerat Posts: 34,491 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 3 March 2023 at 6:08PM
    SaintAlf said:
    molerat said:
    SaintAlf said:
    Self employed, not on benefits
    That is the reason for 99% of the cases.  If you were SE at that time then you may be able to pay at class 2 rates for 16-17, £163.80 for the year, but would need to speak to someone, the big problem.

    That's a big difference - does that apply to any years of self employment?
    Yes.  But you may need to be armed with this https://www.legislation.gov.uk/uksi/2001/1004/regulation/61B


  • SaintAlf
    SaintAlf Posts: 50 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker
    So it looks like we should buy 2006/2007 and 2007/2008 before the deadline and speak to someone about the "checking" years - are 15/16 and 16/17 also subject to the 2023 deadline?
  • molerat
    molerat Posts: 34,491 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    SaintAlf said:
    So it looks like we should buy 2006/2007 and 2007/2008 before the deadline and speak to someone about the "checking" years - are 15/16 and 16/17 also subject to the 2023 deadline?
    No, any years 2015-16 and earlier cannot add value to the pension, they are worthless.  2016-17 is also subject to the April deadline.

  • SaintAlf
    SaintAlf Posts: 50 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker
    Good to know!  Thanks for your help.
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