We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

NI payment gaps while self employed

Hi

I am hoping someone can help.

After watching the show on pensions I looked into my pension shortfall.

I have several years showing as not full  and that the cost of filling gaps are £824.20 for all of the years that are not full.

I am self employed and for many of these years my profits have been below the £12570 threshold to pay  class 2 NI so do not understand why the cost of filling the gaps is £824.20.  I understood that if your profits were below £12570 contributions were treated as being paid.

In the past when I have completed  my self assessment I have requested to pay Class 2 NI voluntary but when I have done this have not been able to proceed to  complete the form so have had to uncheck the box.

Can anyone give any advice on what I should do to potentially fill the gaps and also going forward pay NI voluntarily or point me in the right direction of who I need to speak to about this.

I have never received a request to make any NI payments. 

Thanks.

 

 


Comments

Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 353.5K Banking & Borrowing
  • 254.2K Reduce Debt & Boost Income
  • 455.1K Spending & Discounts
  • 246.6K Work, Benefits & Business
  • 602.9K Mortgages, Homes & Bills
  • 178.1K Life & Family
  • 260.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.