Are you planning on claiming the UK state pension? You must check your National Insurance (NI) record before 5 April 2023.<\/p>\n
<\/p>\n
Are you eligible for the UK state pension?<\/strong><\/p>\n To be eligible for the maximum \u2018new state pension\u2019, you must have 35 qualifying years of NI contributions. You will also need to have retired on or after 6 April 2016.<\/p>\n You must have contributed for a minimum of 10 years to receive part payment of the \u2018new state pension\u2019.<\/p>\n If your NI record began before 6 April 2016, you may encounter an increase in the number of years of NI contributions that are required.<\/p>\n What if you have not contributed enough?<\/strong><\/p>\n If you reach state pension age and you have not contributed enough, there is a likelihood you will not be able to claim state pension or obtain the full amount.<\/p>\n To top up your contribution history, you may think about making voluntary NI contributions.<\/p>\n If you do decide to go down this route, it is vital that you obtain financial advice from a professional, so that everything is handled correctly.<\/p>\n What is the timeframe for making voluntary contributions? <\/strong><\/p>\n You can fill gaps in your NIC history from 6 April 2006 to the present date by making voluntary contributions.<\/p>\n Typically, you can only make these contributions for the previous six tax years.<\/p>\n There is currently an extension in place but, from 6 April 2023, the timeframe will again revert to six years.<\/p>\n As a result, in the 2023\/24 tax year, you will be able to make contributions going back to the 2017\/18 tax year only.<\/p>\n Have you checked your NI record?<\/strong><\/p>\n Before 5 April 2023, it is vital to check your NI record\u00a0to detect any gaps in your NI history.<\/p>\n You must also ensure that your record includes NI contributions paid through PAYE or Self Assessment, and NI credits gained.<\/p>\n If there are any errors that need to be fixed, you must contact HMRC\u00a0promptly.<\/p>\n Need advice on claiming state pension and checking your National Insurance record? Contact us today.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" Are you planning on claiming the UK state pension? You must check your National Insurance (NI) record before 5 April 2023.<\/p>\n","protected":false},"author":2,"featured_media":5018,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/posts\/5016"}],"collection":[{"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=5016"}],"version-history":[{"count":1,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/posts\/5016\/revisions"}],"predecessor-version":[{"id":5017,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/posts\/5016\/revisions\/5017"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/media\/5018"}],"wp:attachment":[{"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=5016"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=5016"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=5016"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}