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Previously on "Registering as self-employed to pay voluntary class 2 nics for state pension"

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  • NotAllThere
    replied
    Originally posted by Lance View Post
    Don’t be surprised if class 2 NICs are abandoned in the near future. These energy subsidies and WW3 need paying for.
    Thanks for the tip. I'll pay my missing years now.

    Leave a comment:


  • northernladuk
    replied
    Originally posted by NotAllThere View Post
    In your case, so long as you are actually self-employed, it's not an issue.
    (maybe do a bit of selling on eBay, baby sitting or paid gardening)
    Yep it's an issue.

    Leave a comment:


  • Lance
    replied
    Don’t be surprised if class 2 NICs are abandoned in the near future. These energy subsidies and WW3 need paying for.

    Leave a comment:


  • NotAllThere
    replied
    If you live and work abroad and you paid NICs before you left, and have been working abroad every since, you can pay class 2 contributions as well - and so when retire receive a full UK state pension. How's that for dodgy?

    In your case, so long as you are actually self-employed, it's not an issue.

    Leave a comment:


  • Registering as self-employed to pay voluntary class 2 nics for state pension

    Up to now we've been paying class 3 (c. £800/year) so my wife can boost her state pension.

    However, I've seen it suggested that you could register as self-employed (maybe do a bit of selling on eBay, baby sitting or paid gardening) and pay the much cheaper class 2 (c. £150/year).

    Sounds a bit iffy to me. Anyone else done this?
    Last edited by DealorNoDeal; 26 February 2022, 11:50.

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