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Posted Thu, 22 Aug 2024 11:20:56 GMT by username_recreated
Hi, I became self-employed in 2021 and for the tax years 2021 to 2022 and 2022 to 2023 I chose not to voluntarily pay NI Class 2 (I think?) contributions because I didn't make a profit (and was trying to save money if I'm frank). I've checked my NI record and next to these two years it says 'Year is not full' and then when I click to view further details it says the following: "We are checking this year to see if it counts towards your pension. We’ll update your record when this is finished, you do not need to do anything." Could you advise what the requirements would be for these years to contribute towards my pension and what it is that HMRC are likely to be checking? I must admit, I've been somewhat naive about National Insurance contributions and don't really understand what I need to be doing to ensure that I have enough years accrued for retirement. When filling in my tax return towards the end it says that I can voluntarily pay NI contributions - is this necessary to do to ensure that I can ultimately receive a pension in my 60s? Any information and advice gratefully received, thanks!
Posted Fri, 23 Aug 2024 10:10:24 GMT by HMRC Admin 25 Response
Hi username_recreated,
Before deciding to pay any voluntary National Insurance contributions, may we suggest that you apply for a State Pension Forecast which will detail your current and future entitlement to a UK State Pension.
It will detail in any voluntary contributions will be required to improve your entitlement.
You may obtain this Forecast here:
Check your State Pension forecast
If, after receiving the Forecast you decide to pay the voluntary contributions then please call our National Insurance Helpline on 0300 200 3500 and they will be able to discuss with you how to make payment.
Thank you. 



 

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