Market leading insight for tax experts
View online issue

Am I Contributing?

John Endacott Tax Partner Winter Rule asks if the self-employed have been ejected from the contributory National Insurance system
During a recent discussion at the Treasury on National Insurance it dawned on me that as a self-employed professional the only National Insurance I pay under a contributory basis is £2.10 per week or £109 per year. However I do pay the maximum amount of Class 4 but that is not a benefit-based levy. Whilst my contributions under the National Insurance scheme are nominal my state benefit entitlement is also minimal. This made me wonder whether I had already been thrown out of the National Insurance club along with the rest of the self-employed.
In particular the self-employed can only earn entitlement to the basic state...

If you or your firm subscribes to, please click the login box below:

If you do not subscribe but are a registered user, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this article in full.
Please reach out to customer services at +44 (0) 330 161 1234 or '' for further assistance.