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NI contributions
ALLI17
Posts: 1 Newbie
I have been reading all the articles about people buying extra NI contributions but i am the opposite, i have 39 years paid full and still got about 12 years to work. How do I benefit from paying more? Or can I stop paying NI?
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Comments
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You're contain to the general tax revenue of the government as you always have. You can't stop paying it1
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Your National Insurance contributions are paid into a fund, from which some state benefits are paid.
This includes the state pension, statutory sick pay or maternity leave, or entitlement to additional unemployment benefits.
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You have checked your state pension forecast?
https://www.gov.uk/check-state-pension
What is shown as estimate to 5/4/22?
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Of course you can. Just reduce your hours until you earn £123/week or less and you won't need to pay any NI.ALLI17 said:I have been reading all the articles about people buying extra NI contributions but i am the opposite, i have 39 years paid full and still got about 12 years to work. How do I benefit from paying more? Or can I stop paying NI?1
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