HMRC and DWP have launched a new online State Pension service for people under 66.
People can now look at how they may be able to boost their State Pension payment s in retirement with “a few simple clicks” after a new service was launched by HM Revenue and Customs and the Department for Work and Pensions on Monday.
People can usually pay voluntary contributions for the past six tax years before the annual April 5 deadline, however, last year, the UK Government extended the deadline to pay voluntary NI contributions to April 5 2025 for people affected by New State Pension transitional arrangements. Top Money Stories Today Financial Secretary to the Treasury Nigel Huddleston said: “Having peace of mind when planning for retirement is crucial to ensure people can enjoy later life.”
Paying voluntary contributions will not always increase someone’s state pension but people can use the new service to help weigh up whether they could be better off in retirement before making any voluntary NI payments. The new digital service is not currently available to those who are already receiving their State Pension, who are self-employed or who are living outside the UK with gaps incurred while working abroad.
“It must be a step in the right direction to be able to do all of this without hanging on a telephone. However, simply getting your NI record updated by HMRC is only half of the story.
Benefits Retirement Personal Finance DWP HMRC
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