How to work out amount required for full NI Year IN ADVANCE

LostInTheWeb

Hi

I have gone around and around trying to find this information.

How to I calculate, based on NI paid, how much I need to get to a full NI year? Normal salaried employee.

So if I work 4 months in a tax year and pay, say £200 a month for NI=£800 how much do I need to get to a full year of £950ish? Is the shortfall calculated weekly, or by total paid?

The problem with the HMRC calculator is it is post hoc, need to work out in advance so I can work out when to quit work and retire.

Thanks

jem16

It’s based on earnings rather than NI paid. To be assured of a qualifying year, you have to have contributed the equivalent of 52 weeks at the Lower Earnings Limit - ie £6500 for the current tax year.

Any month/week in which you earn at least the LEL but do not go above the UEL will count. So four months earning £1625pm would do it for example.

On-the-coast

and if you’re earning between the LEL above and the primary threshold for a full year you’ll gain a whole year of NI credit for zero NI contribution