Help please deciding whether to buy additional NI years 3 March at 4:26PM in Pensions, annuities & retirement planning 14 replies 354 views

molerat

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

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

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

Good to know!  Thanks for your help.