National Insurance is collected by HMRC to provide state support for the sick, the unemployed and the retired. One of the main reasons you may want to ensure that you have made enough National Insurance contributions is to ensure that you qualify for, or to maximise your State Pension. It is possible to get National Insurance credits so that if … Read More
An overview of the New State Pension
Note: This blog is specifically related to the New State Pension which is for men born on or after 6 April 1951 and women born on or after 6 April 1953. Anyone born before this, would be entitled instead to the Basic State Pension. How to qualify for the State PensionWhen you pay national insurance either through employment, your personal … Read More
Income tax, national insurance and the 2019 election
Income tax is not a complex tax but many of us may not have been aware of how it works before we really start to look into it, and I would include myself in this. Income tax is devolved in Scotland and the income tax bands and rates are different, but the principles still apply. However, in this article I … Read More