Forum menu
I am 54. Retired (ish) but doing the odd consultancy on a self employed basis.
I am short of 6 qualifying years to get full state pension when I am 67.
I could buy those years are around £800 each I believe which is good value with a circa 3 to 4 year BEP.
But my question is: what is the minimum of self employed income per year I need to earn for that year to become a qualifying year for future state pension purposes?
I have looked thoroughly online but couldn't get a clear simple answer that wasn't ambiguous or incomplete.
Thank you for any help if you actually know rather than guess.
Not an expert but these pages imply as long you've made / make profits more than £6750 as self employed in a tax year that counts towards the NI record.
https://www.gov.uk/national-insurance
and
https://www.gov.uk/national-insurance/how-much-you-pay
You can check your recent contributions: https://www.gov.uk/check-national-insurance-record
If you are self-employed and earning below £6725 you should be able to make voluntary Class 2 NI payments via self-assessment for around £160pa (MSE article).