The Social Security (Contributions) (Amendment No. 4) Regulations, SI 2023/751, give effect to the UK government's decision to further extend the deadline for making retrospective voluntary National Insurance contributions covering the period from April 2006 onwards. Eligible individuals will now be able to top up their NICs record until 5 April 2025, rather than 31 July 2023 as had been announced earlier in 2023.
The concession is a formal extension of the special period which allows individuals to top up their contributions records for the period from 6 April 2006 and 5 April 2016. This was introduced alongside the new state pension and was separate to the regular six-year, look-back period which applies as a matter of course for making retrospective contributions. Given the recent media attention, and the potential for thousands of individuals to otherwise miss out, the government decided to simplify the position so that the new 5 April 2025 deadline applies for contributions relating to all tax years from 2006/07 to 2017/18 inclusive (tax years from 2018/19 onwards are within the regular six-year, look-back period from the 5 April 2025 deadline). Any payments made up until the new deadline will be at 2022/23 rates.
The Social Security (Contributions) (Amendment No. 4) Regulations, SI 2023/751, give effect to the UK government's decision to further extend the deadline for making retrospective voluntary National Insurance contributions covering the period from April 2006 onwards. Eligible individuals will now be able to top up their NICs record until 5 April 2025, rather than 31 July 2023 as had been announced earlier in 2023.
The concession is a formal extension of the special period which allows individuals to top up their contributions records for the period from 6 April 2006 and 5 April 2016. This was introduced alongside the new state pension and was separate to the regular six-year, look-back period which applies as a matter of course for making retrospective contributions. Given the recent media attention, and the potential for thousands of individuals to otherwise miss out, the government decided to simplify the position so that the new 5 April 2025 deadline applies for contributions relating to all tax years from 2006/07 to 2017/18 inclusive (tax years from 2018/19 onwards are within the regular six-year, look-back period from the 5 April 2025 deadline). Any payments made up until the new deadline will be at 2022/23 rates.
