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Originally Posted by simonsjdaccountancy
Of course, it is something the Revenue are interested in - we wouldn't have IR35 if they weren't, but the fact is that (aside of IR35) there is nothing they can do about it at present.
The only problem insufficient NI contributions can pose is a reduced State Pension. Maybe a consideration for some, but for your average 30 year old not something they are likely to be too bothered about.
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Simon,
I thought it was the case that if you paid youself between the lower earning limit and the primary threhold the the NI payable was nil but you still got a years pension credit. If this is correct (and I'm not sure) then one will still get the full basic state pension.
If I am incorrect this could be a good time for me to get a forecast and pay some class 3 contributions
