Child Benefit claimants could be missing out on full state pension entitlement
If you claimed Child Benefit prior to May 2000 you may have missed out on valuable qualifying state pension years due to nuances in HMRC’s systems. How can you correct your NI record?
Entitlement to certain benefits can preserve your entitlement to the state pension, as since 2010, NI credits are automatically awarded to provide qualifying years on your NI record. Before 2010 this was known as home responsibilities protection (HRP). However, Child Benefit claimants who did not include their NI number on the application form before May 2000 may not have had their NI record credited with HRP. This means that there are potentially tens of thousands of people receiving a lower state pension than they should be. HMRC is therefore working with the DWP and urging individuals who may be affected to check whether they can make a claim to update their NI record.
Related Topics
-
How to handle workers aiming to "Slide Away" to an Oasis Concert
The Oasis Live ’25 UK reunion tour starts in Cardiff on 4 July 2025 and concludes in London on 28 September 2025. With ticketless fans keen on obtaining last-minute tickets and ticketed fans eager to get to the gig for when the gates open, this could have an impact on staff productivity and timekeeping. How can you tackle these issues?
-
Is getting your business to pay tax efficient?
You were recently involved in an online discussion about the tax consequences of putting the cost of a celebratory meal for the business owners and staff through the firm’s books. Will doing so save or increase tax overall?
-
VAT-saving opportunity with changes to the CGS?
The government has announced that it will increase the capital goods scheme (CGS) threshold for capital expenditure on land and buildings from its current level of £250,000. What will the new threshold be, and how can you take advantage?
This website uses both its own and third-party cookies to analyze our services and navigation on our website in order to improve its contents (analytical purposes: measure visits and sources of web traffic). The legal basis is the consent of the user, except in the case of basic cookies, which are essential to navigate this website.