HMRC has launched a new online voluntary national insurance payment service.
The government stated that the new service, which is available from 29 April, will make it ‘easier for customers to check for and fill any gaps in their national insurance record to help increase their State Pension’.
It also said that the new Check your State Pension service has been enhanced to include an end-to-end digital solution. The service shows customers by how much their State Pension could increase and outlines the voluntary national insurance contributions (NICs) they would need to pay to achieve this.
The service also allows people under the State Pension age to view gaps in their national insurance record and pay voluntary contributions to fill the gaps.
Nigel Huddleston, Financial Secretary to the Treasury, said: ‘Having peace of mind when planning for retirement is crucial to ensure people can enjoy later life. That’s why HMRC has launched this new online service today, making a real difference for thousands of pensioners in their retirement while providing certainty to those in their middle years and those still planning ahead.’ The Check your State Pension forecast tool can be found here.
01/05/2024
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