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voluntary NI contribution and self-employment

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Re: voluntary NI contribution and self-employment


Postby pochisoldi » May 5th, 2021, 8:15 am

FrankSeymour wrote:I do not know the current rules but for my daughter, long ago, during the period from when she was 16, until full time work after uni she was registered as self employed.
her income was always low less than? i believe the +/- £4k threshold.
she then elected to pay voluntary class 2 contributions, of at that time around £2 per week. She was told that there was no need, but she could if she wanted.
So it used to be allowed, what the current rules are I am unsure, but it may be ok.

Until some point a few years back, 16-19 year olds in full time non-advanced education (i.e. at or below A level/HNC) got credited with full years of NI. I got 3 years via this route covering my last month's at secondary school and 2 years of A-levels. Nothing was given for the tax year I turned 16 (in the same way that NI paid for the tax year in which you reach state retirement earns no extra pension).

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