In March we reported that 31 July 2023 was the extended deadline to ensure voluntary payments of any shortfalls of national insurance contributions (“NICs”) for the tax year up to 2016/17 were made to protect maximum entitlement to the UK state pension. Last week, the Government announced that the deadline is now extended to 5 April 2025. This announcement also confirms that the rate of voluntary contributions made up to 5 April 2025 will remain at 2022/23 rates.
You can check your NICs record here. In order to get a full basic state pension, an individual must have paid sufficient NICs for a minimum number of qualifying years in their working life. See the State pension guidance note for more information.
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