The UK government has announced that it is extending the deadline for voluntary National Insurance contributions. This means that people who have gaps in their National Insurance record have more time to make up for them, which could boost their State Pension.

The deadline has been extended from 5 April 2023 to 5 April 2025. This is because the government wants to give people more time to consider their options and to make payments if they are able to.

Who can make voluntary National Insurance contributions?

Anyone who has gaps in their National Insurance record can make voluntary contributions. This could include people who have been unemployed, self-employed, or living abroad.

How do I make voluntary National Insurance contributions?

You can make voluntary National Insurance contributions online or through the post. To make a payment online, you will need to create an account with the Government Gateway. To make a payment by post, you will need to download and complete a form CF29.

How much do voluntary National Insurance contributions cost?

The amount you pay in voluntary National Insurance contributions depends on your age and whether you are employed or self-employed. You can find more information on the government website.

Example:

A self-employed person wants to make voluntary National Insurance contributions for the 2016-17 & 2017-18 tax year where there has been gaps. The deadline for voluntary National Insurance contributions was April 5, 2023. However, the deadline has been extended to 5 April 2025. This means that the self-employed person has until 5 April 2025 to make their voluntary National Insurance contributions.

Benefits of making voluntary National Insurance contributions:

  • You could boost your State Pension.
  • You could qualify for other benefits, such as the Bereavement Benefit and the Statutory Maternity Pay.
  • You could protect your National Insurance record if you are going to be out of work for a period of time.