The amount of State Pension you, your family, and your employees will be entitled to in the future will depend on the amount of National Insurance Contributions (NICs) each individual has made during their working lives.
If individuals aren’t on track to get the full State Pension, it’s possible to take advantage of the Government’s offer to ‘top up’ their contributions to qualify for a full State Pension.
Topping up can be a cost-effective way to boost retirement earnings through the State Pension.
If people do want to top up their NI Contributions they only have until 5 April 2025 to fill gaps in their National Insurance records back to 6 April 2006, After 5 April 2025, they will only be able to fill gaps for the previous six tax years.
The HMRC app and their online service enables people to quickly and easily:
- check if there are gaps in their National Insurance record, find out more about checking their record for gaps in voluntary National Insurance
- find out if making a payment would increase their State Pension and then make a payment if they can
Make sure you do this before the cut-off date in April as choosing the ‘pay by bank account’ option means it will take up to five working days for a payment to show in the National Insurance record.
You, your family, and your employees should check now and get their NI gaps filled before the deadline date.
PLEASE NOTE: By the very nature of this type of information the details of tax law might have changed since they were published, so contact your Barnes Roffe partner before acting on any matter contained in this document.
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PLEASE NOTE: By the very nature of this type of information the details of tax law might have changed since they were published, so contact your Barnes Roffe partner before acting on any matter contained in these documents.
