Rates for voluntary National Insurance Contributions (NICs) will increase as off the 8th of April 2012. British expats who want to boost their UK state pension entitlement will now need to pay the following: Class 2 Self Employed Contributions – GBP2.65 per week. Class 3 Voluntary Contributions – GBP13.25 per week. Related Post: UK State […]
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UK State Pension For Expats – Making Up Missed Years
If you haven’t been making National Insurance Contributions for some time and still do not have the requisite number of qualifying years (30), then you can make up missed years going back for the last 6 years. If you obtain a State Pension Forecast (see here), this will tell you how much you need to […]
UK State Pension for Expats – Making Voluntary National Insurance Contributions
While you are an expat, whether working or as a non working spouse, it would be worthwhile maintaining your contributions to the UK state pension system. You can do this by making regular voluntary National Insurance Contributions (NICs). There are 2 types of NIC that you can make, Class 2 or Class 3. To qualify […]
UK State Pension – Basic Facts for Expats
To achieve a full basic state pension you need to have achieved a certain number of qualifying years. A qualifying year is a year where one of the following applies: • you have sufficient income to pay National Insurance Contributions • you are treated as having paid National Insurance Contributions • you are credited with […]
Countries in Which the UK State Pension is Increased Annually
If you retire in Britain, your state pension will increase in line with inflation. It may be the government’s massaged version of inflation as opposed to reality, but at least your pension will increase. If you are receiving a UK state pension while living overseas however, you may find that once you start drawing it, […]
Obtaining a UK State Pension Forecast
The best way to establish the number of qualifying years that you already have as well as the level of state pension that you can currently expect, is to contact the state pension forecasting team in Newcastle. Their telephone number is +44 191 218 3600. If you contact them, they will then send you the […]
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