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paying voluntary NI contributions

HI , I am 60 and retired, I have 5 years NI contributions to make before I retire at 67. Can I make voluntary class 2 contributions through self assessment to cover this gap?
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Comments

  • molerat
    molerat Posts: 33,530 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Are you gainfully self employed ?
  • dgtucky
    dgtucky Posts: 7 Forumite
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    No I am not 
  • dgtucky said:
    No I am not 
    Then no you can't.

    But have you checked if you need to pay 5 extra years?

    Just because there are available years between now and you reaching SPA doesn't mean you have to pay.

    What exactly does your forecast show (in full)?
  • dgtucky
    dgtucky Posts: 7 Forumite
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    Yes it shows five years needed. I do some work for my kids for free, I could easily charge them nominal fees, would that work?
  • p00hsticks
    p00hsticks Posts: 13,950 Forumite
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    edited 16 June 2023 pm30 5:24PM
    dgtucky said:
    Yes it shows five years needed. I do some work for my kids for free, I could easily charge them nominal fees, would that work?
    I'm not an expert but I  suspect it will depend on the nature of that work and their set up - I think you'd have to registered as self employed and invoice them.
  • pinnks
    pinnks Posts: 1,514 Forumite
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    Sounds like employment to me, not self-employment...

  • pinnks said:
    Sounds like employment to me, not self-employment...

    Sounds even more like being a dad to me!

    I do some work for my kids for free
  • pinnks
    pinnks Posts: 1,514 Forumite
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    He was suggesting billing them as a self-employed person - that sounds more like employment.  Clearly if he is just helping out it is just being a dad

  • p00hsticks
    p00hsticks Posts: 13,950 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 16 June 2023 pm30 10:23PM
    pinnks said:
    He was suggesting billing them as a self-employed person - that sounds more like employment.  Clearly if he is just helping out it is just being a dad

    That why I said it depends on what sort of work is involved and what the set ups are for the individual children - you'd need to look to see if the IR35 criteria applied or not - e.g. will the OP only be offering his services to his children or to others as well, does he decide when and how he does the work, would his children be prepared for him to send someone else to do the work in his place etc etc..... 
  • dgtucky
    dgtucky Posts: 7 Forumite
    First Anniversary First Post
    So the work is accountancy, I did this self employed before I retired but now only do it for the children’s businesses. Now they are both established I will probably start charging a fee anyway. Does this need to be above the £1000 tax free limit to qualify for voluntary ni contributions?
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