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Qualifying years for NI contributions

Last post Mon, Nov 23 2009, 6:55 PM by robsie. 4 replies.
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  •  Mon, Nov 23 2009, 6:55 PM

    Indifferent [:|] Re: Qualifying years for NI contributions

    Thanks for the info.

    robsie

    • Post Points: 5
  •  Mon, Nov 23 2009, 12:23 AM

    Re: Qualifying years for NI contributions

    robsie,

    I couldn't help with SERPS contributions as I was contracted out from that scheme. As regards NI Contributions they are really only a form of "extended income tax" and will be deducted from your salary every payday.

    With the new qualifying period of 30 years for NI Contributions to enable payment of a full state pension, I cannot see the UK Government allowing people to stop paying these after 30 years while still earning above the relative minimum threshhold. It really only benefits those who for some reason could not work in the UK for enough years to qualify for a full pension under the original 39/44 years for women or men.

    If you left the UK for good or at least an extended stay. and were classed by HMRC as Non-Resident then your liability to NI Contributions would cease. However along with that comes a problem - you would cease to be entitled to free treatment with the NHS.

    ATM

    • Post Points: 20
  •  Sun, Nov 22 2009, 3:13 PM

    Re: Qualifying years for NI contributions

    Hi conmankiller

    Thanks for the info, i will contact them see what they say if its positive response i will reply.

    many thanks

    robsie

    • Post Points: 5
  •  Sun, Nov 22 2009, 2:32 PM

    Re: Qualifying years for NI contributions

    For accurate advice direct from the Horse's mouth.....give the National Insurance Contributions Office in Newastle a call, there's a helpline set up for the public on 0845 302 1479 (local call rates apply).

    http://www.direct.gov.uk/en/Dl1/Directories/DG_10011010

    • Post Points: 20
  •  Sun, Nov 22 2009, 1:12 PM

    Indifferent [:|] Qualifying years for NI contributions

    Hi

    Can anyone answer or give me any information regarding qualifying years for NI contributions please. I am male 58 years old in full time employment with no pension, i assume i qualify for the 33 year period to stop paying NI contributions. if i stooped paying NI would it affect basic state pension and what happens to SERPS contributions any help would be appreciated.

    Thanks

    robsie

    • Post Points: 35