£148 investment for £6000 back – not a scam, just very unsexy!
I have spent a fascinating week looking at Her Majesty’s Revenue and Customs (HMRC), the tax office website!
A good time to remind you about National Insurance (NI) and the State Pension.
Don’t switch off, this is the best investment you will ever make!
£148 gets you £6000-8000 a year, once you reach the right age. For the rest of your life.
That is a fantastic investment.
Yes I am talking about the state pension and what you are entitled to.
At the moment they are transitioning how they treat self-employed people.
There is a window of opportunity.
You have always been able to back pay National Insurance up to 6 years, for years you have missed.
Currently it costs you £148. Next April it is likely to cost £730 per year.
So this is a great time to do it.
Go to the Gov.uk website or Call 0345 3000 168 for a pension statement
If you not sure because you have been part-time, a mum or out of the country – DON’T IGNORE IT, or worry about it – GET A STATEMENT and find out what the situation is.
You can decide from there.
Well worth looking into – the best investment you might ever make.
All the best, Jenny