Hi there,
The gentlement is 65 years old and Currently receiving pension credit
He has been advised he is missing 2 years contribution to qualify for the state pension.Question is how does he cover this gap?
Option 1-Class 3 Voluntary (problem is expensive about £15)
Option 2-Class 2 (problem is backdated self assessment could trigger late filing penalty)
what could possibly be the best course of action?
Replies (5)
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How could a backdated self assessment trigger a late filing penalty? That makes no sense.
Class 2 NI was not paid through self-assessment in 2013-14. Was he self-employed that year and, if so, why was no tax return submitted and no Class 2 paid?
He may be able to pay for years when he was self-employed but no Class 2 paid. I recently got an extra 3 years for a client the same age.
If self assessment is not submitted on time does it not trigger penalty? Say 2013/14 SA submitted on 12/04/2018 Would it not attract late notification or filing penalty?
Not in the circumstances as you have described them.
Why doesn't he just pay the £15 ?
Personally, I think it looks far too suspicious that the guy suddenly remembers a self employment he had in those missing years.