Tag: national insurance

Working through the NIC maze can be daunting...this should simplify it for you!

Working throught the NIC maze

NIC’s – why pay it ? You pay National Insurance contributions to build up your entitlement to certain state benefits, including the State Pension. The contributions you pay depend on how much you earn and whether you’re employed or self-employed. You stop paying National Insurance contributions when you reach State Pension age. (If you are […]

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How to check your National Insurance record

To check that you will qualify for a state pension when you retire, it is advisable to check with HMRC that your National Insurance Contributions are updated. To do this you can either request online for a statement of National Insurance account in order to check if there are gaps in your National Insurance record. You’ll need to say […]

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