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Accounting news

Topping up your NI contributions

Updated: Jul 31, 2023

Did you know that you can make extra national insurance contributions to cover past years which may not otherwise count towards your future state pension and other benefits?

HMRC have extended the deadline to 31 July 2023 for these additional contributions covering years back to April 2006. From 1 August you will only be able to go back six years.

Additional contributions can increase the number of qualifying years’ contributions towards the full state pension – if you aren’t going to have at least 35 qualifying years you won’t get the full pension. Check the numbers of years you have by logging on to your account with HMRC

Check with your pensions advisor to see if it is worth paying. You can read more about this here

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