Voluntary Class 2 NI while living abroad

BlackKnightMonty

Bostonerimus1 said:

It's about time they closed this loop hole. It's a ridiculously generous benefit. UK expats should still be able to pay NI, but at a more sensible rate than Class 2. In fact Class 2 NI for the self-employed should also come under scrutiny.

Of course I've been taking advantage of it since 1987 and I still make my annual contribution just in case the Government move the qualifying goal posts again and also out of some guilt. My 2024/25 payment was £179.40 and I estimate my lifetime contributions are about £6000 and my current pension forecast is for £12014.12 a year. 

Thank you for sharing that. And recognising how unfair it is.

That is, quite draw dropping really.