i've pasted this bit from the hmrc website and it explains what happens if i fill in the appropriate form and stop paying my class 2 nic contributions? but what happens if i stop being self employed as well - and fill in whatever form that is required to do that? what happens? would i still risk losing the same entitlements and would be essentially be a bad thing?
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You may not have to pay Class 2 National Insurance contributions (NICs) if your earnings, money left after expenses:
were less than £5,725 for the period from 6 April 2013 to 5 April 2014 and/or
are expected to be less than £5,885 in the period 6 April 2014 to 5 April 2015
Please note: If you don't pay Class 2 NICs or you apply for, and receive, a Certificate of Small Earnings Exception (SEE) you may lose entitlement to the benefits below:
Employment and Support Allowance
basic State Pension
bereavement benefits
Maternity Allowance
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