As explained in some detail in our update in February (link), there is an upcoming deadline for individuals to make up gaps in their National Insurance (NI) contribution record, dating back to the 2006/07 tax year. An individual’s NI contribution record affects their state pension entitlement, as well as certain other benefits.
The deadline to make voluntary ‘top-up’ contributions was 5 April 2023, but after an initial extension to 31 July 2023 earlier this year, the Government has now announced a further extension to 5 April 2025, recognising capacity problems with Government helplines.
Please refer to our original article for planning points that you may want to consider. Our team will always be pleased to assist with additional guidance if requested.
