UK state pension

UK revenue just rang me confirming that I can pay class 2 contributions after 16 months from my first application ,at last, she was very apologetic to how long it took .

The only class 3 if I wanted to pay was when I was made redundant in 2013 when I was unemployed for 7 months, all other years from 2006 , (don't know why not 2004/05 when I started working in Ireland), and going forward will be class 2 , don't think I will pay them all, she said I should ring the future UK pension service for advice.

A stupid question, but I'll ask it anyway. Any hope of any ROI tax benefit to paying these contributions?

….

No chance

I have a private pension from the UK I still pay into (20 years). I have 10 years UK state pension. Wife will have full contributory state pension here. Is it worth paying up the state pension in UK to 35 years or will I be taxed into oblivion?

I know married lads that havent declared UK state pension here and collect both UK and ROI state pension in cash...

If your former employer is paying into your UK pension until retirement let them pay. You keep your money.Everything is taxable in life including pensions.You must be looking at 40% rate easily by collection year

Yes, but your X must be ≥ 10

Extremely generous.The SW will try their best to deduct your UK time off the Irish pension entitlement.

when is the deadline for making up the contributions?

I found the online information a bit confusing, but ultimately I paid my Class 2 contributions to the second one - (HMRC NIC Receipts GBP 08-32-20 12001004). (However, maybe this worked because I used Revolut ?)

I got the info here: https://www.gov.uk/pay-class-2-national-insurance/make-online-telephone-bank-transfer and followed the instructions for Paying from a UK Bank Account. I used a Revolut A/C to send sterling, and the sterling account details in the app shows that it's a London based account.

I didn't have an 18-digit reference number so I followed this advice (from the same web page) when adding a reference to the payment:

> If you either live abroad or live in the UK but are paying for a period when you worked abroad,
> you need to use a different reference number.
> Use your National Insurance number followed by ‘IC’, your surname then your initial.
> If your bank limits you to a certain number of characters, you should use your National Insurance
> number followed by ‘IC’ and as much of your surname as possible.
> Example
> If your name is Anne Jones, you’d write the reference as QQ123456AICJONESA

Hope this helps.

This is the back of my letter I received to pay voluntary class 2 contributions for the period 09/04/2023 to 06/04/2024.

I am going to say NICO is National Insurance Contributions Overseas

Maybe pick the years you are going to pay (I'd start with the oldest?), make a single payment for those, and send a letter explaining what the breakdown is and which years you are paying for. I included a copy of the letter they sent me breaking down the payments, as a reference. Then give it a few weeks and phone them to confirm that they have received the payment and your letter.

Good to know you can still pay back for years after 2020 after April deadline.

Yes some years class 3 £824 which i will leave out.

Thinking of doing by post and sending a cheque as the online payment seems a bit confusing, i suppose the cheque would have to be in sterling have to see how i do that.

For future years do they send you a reminder by post when to pay?

I paid by bank transfer. Easier than cheque.

Just went into my local branch, told them how much I wanted the sterling amount to be and they looked after it all. Paid a few quid in charges.

Even easier by Revolut if you use that. I'll be doing it that way next time. Just open a sterling account in the Revolut app, move money to it from your euro Revolut account, then you just to a domestic transfer to HMRC.

This is the front of my letter and I recently put the back of my letter on here. But here it is with all the bank details.