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The government has extended the voluntary national insurance (NI) deadline to 31 July 2023, giving taxpayers more time to fill gaps in their Nl record and help increase the amount they receive in state pension, HMRC has said.
This comes after members of the public voiced concern over the previous deadline of 5 April 2023.
The deadline extension was announced via a Written Ministerial Statement on 7 March 2023, and HM Revenue and Customs (HMRC) is urging taxpayers to ensure they do not miss out.
According to the government, anyone with gaps in their NI record from April 2006 onwards now has more time to decide whether to fill the gaps to boost their new state pension.
Any payments made will be at the lower 2022 to 2023 tax year rates.
The government also highlighted that as part of transitional arrangements to the new state pension, taxpayers will be able to make voluntary contributions to any incomplete years in their NI record between April 2006 and April 2016, to help increase the amount they receive when they retire.
Victoria Atkins, the financial secretary to the treasury, said: “We’ve listened to concerned members of the public and have acted. We recognise how important State Pensions are for retired individuals, which is why we are giving people more time to fill any gaps in their National Insurance record to help bolster their entitlement.”
