More time to top-up NICs

by | Mar 23, 2023 | National Insurance | 0 comments

In some circumstances it can be beneficial to make voluntary National Insurance Contributions (NICs) to increase your entitlement to benefits, including the State or New State Pension. Usually, HMRC allow you to pay voluntary contributions for the past 6 tax years....

National Insurance if working abroad

by | Mar 9, 2023 | National Insurance | 0 comments

If you move abroad, it can often be advantageous to continue paying your UK National Insurance Contributions (NICs) in order to preserve your entitlement to the State Pension and other benefits. If you are working in the EU, Iceland, Liechtenstein, Norway, or...

NIC and company directors

by | Mar 9, 2023 | National Insurance | 0 comments

Directors are classed as employees and pay National Insurance on annual income from salary and bonuses that exceed the Primary Threshold. The annual threshold is pro-rated to £11,908 this year following the increase to £12,570 from 6 July 2022...

Gaps in your National Insurance record

by | Feb 16, 2023 | National Insurance | 0 comments

National Insurance credits can help qualifying applicants to fill gaps in their National Insurance record. This can assist taxpayers to build up the number of qualifying years of National Insurance contributions which can increase the amount of benefits a person is...

Check your National Insurance Record

by | Jan 12, 2023 | National Insurance | 0 comments

HMRC offers an online service to check your National Insurance Contributions (NIC) record online. In order to use the service, you will need to have a Government Gateway account. If you don't have an account, you can apply to set one up online. By signing in to...