When Can I Stop Paying National Insurance?

Answer

One stops paying National Insurance after they attain the pension age. The current state pension age in the UK is 65.The type and level of contributions one pay depends on how much you earn and whether you are employed or self employed.
Q&A Related to "When Can I Stop Paying National Insurance"
At State Retirement Age (currently 65 fopr males and 60 for females - but for females born after 1955 SRA will increase to 65)
http://wiki.answers.com/Q/When_do_you_stop_paying_...
1. Have your home appraised if you think its value has increased. According to the Federal Reserve Bank of San Francisco, lenders may require proof that the home's value has not declined
http://www.ehow.com/how_6508355_can-stop-paying-mo...
At retirement age, I think for men it is now 66 or thereabouts. My husband paid his for 50 years but still gets the basic state pension. UK.
http://answers.yahoo.com/question/index?qid=201302...
you stop paying when you reach retirement age. Although a 30 year minimum rule is coming in, if you are under retirement age, you still have to pay until then whatever contributions
http://uk.answers.yahoo.com/question/index?qid=201...
2 Additional Answers
One stops paying National Insurance when they reach retirement age. These contributions are paid to build up one's entitlement to certain state benefits, including the State Pension. A person's insurance number is their own personal account number.
You can stop paying national insurance when you reach the state pension age. If you are self-employed, you may possibly have to pay some Class 4 contributions following state pension age, depending on your earnings.
Explore this Topic
Postage still costs according to the weight of the package, not it's value. If you want to insure the contents, then the cost of the insurance depends on the ...
If you opt out of SERPS (State Earnings Related Pensions Scheme), you should pay lower contributions for National Insurance. This means that, a rebate goes into ...
One can stop paying for child mantainence once the child is 18 years or has competed full time education, whichever comes first. ...
About -  Privacy -  Careers -  Ask Blog -  Mobile -  Help -  Feedback  -  Sitemap  © 2014 Ask.com