Taxpayers given more time for voluntary National Insurance Contributions
The government has extended the voluntary National Insurance deadline to 5 April 2025. The original deadline was 5 April 2023.
This means taxpayers have more time to decide whether to fill any gaps in their National Insurance record dating back to April 2006, to boost their new State Pension.
As part of transitional arrangements to the new State pension, eligible taxpayers can make voluntary contributions to any incomplete years between 2006 and April 2016.
As your tax agents, we would like to inform you of the new deadline and encourage you to act as soon as possible.
The Steps for doing so are as follows:
1) Check your National Insurance record through the HMRC app or your Personal Tax Account.
2) Get a State Pension forecast to see what you are entitled to and if there are any gaps
3) Decide if making a voluntary National Insurance contribution is worthwhile for you and your pension.
4) Choose how you want to make a payment on GOV.UK.
5) Make the full payment before the deadline, which is: 5 April 2025.
Please message us using the link below if you need help with this process.