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.
National insurance help
In the financial year 2025-2026 my son was self employed for 5 months but did not earn enough to reach the national insurance threshold, he ceased self employment and then became employed for 7 months paying over £600 national insurance contributions on his salary, will he need to pay voluntary contributions on his self employed earnings to gain a full year of contributions toward his future state pension? Any help would be appreciated thanks.
Comments
-
He can check if the year counts as full via
Does the fact that you're asking on behalf of your son signify that he's young? If so, he should achieve a full state pension with 35 qualifying years, and missing the odd one here and there may not be a problem, given that he won't complete that journey until he's 68 or more…
1 -
Yes he is only 26 and I help him out with all his financial stuff. I have just looked on his records and it does state a full year completed so that is great it means that he doesn't need to pay the £185 voluntary. Thank you very much I appreciate it.
0 -
But just to be clear, even if it wasn't a full year, there was unlikely to be any value in buying it anyway if he has another 42 years within which to collect 35 qualifying years, some of which he may already have.
1
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.7K Banking & Borrowing
- 254.9K Reduce Debt & Boost Income
- 456.1K Spending & Discounts
- 248.3K Work, Benefits & Business
- 605.8K Mortgages, Homes & Bills
- 179K Life & Family
- 263.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.7K Read-Only Boards
