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is it worth signing on if you are the 16k threshold to get ni payments if you're self employed

(6 Posts)
unclebumpkin Mon 19-Jan-15 09:52:56

or will you have paid the ni money anyway making it all pointless...

gunnsgirl Mon 19-Jan-15 09:54:44

Surely if you're self employed, you're not eligible to sign on as you're not looking for work?

Self employed people pay their own NI contributions.

MirandaWest Mon 19-Jan-15 10:01:00

I'm not sure what you're asking.

Do you mean that you are aelf employed and earning under the threshold to pay class 2 NI contributions (about £5k or so) and wondering whether paying them voluntarily would be a good idea?

If you have a self employed profit of over about £8k or so then you will need to pay class 4 NI on the amount over the about 8k.

unclebumpkin Mon 19-Jan-15 10:08:48

no whether it is worth signing on to get ni contributions if you've paid voluntary contributions anyway... if you won't get benefits

MirandaWest Mon 19-Jan-15 11:01:08

I'm still confused (easily done tbh).

What is your current position - are you self employed or not?

unclebumpkin Mon 19-Jan-15 11:10:16

yes (on paper) - but no money coming in

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