National Insurance can have a major effect on your benefits or pensions, especially if there are gaps in your record. You will generally pay National Insurance contributions depending on your employment status and how much you earn.
This is broken down into Classes, with Class 1 referring to employees, while Class 2 and 4 refer to self-employed people. Some benefits require that you have a certain amount of National Insurance contributions in order to receive the maximum payment from them.
This is especially important for people claiming their pension as they could miss out on much-needed cash. Read more: All the remaining DWP support payments for the year - including £300 cost of living, winter fuel, and Christmas bonus Read more: Millions to get £10 Christmas bonus from DWP this year - full list of eligible benefits National Insurance contributions count towards the following benefits and pensions: The government highlights that class 4 contributions - which are paid by self-employed people with a profit of £12,579 or more - do not count towards state benefits.
Many of the above benefits and pensions that are not given automatically may sometimes require you to include your National Insurance number during the application process.
Read more on manchestereveningnews.co.uk
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