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seems weird that between 6725 and 12570 you don't need to pay NI yet below 6725 you need voluntary contributions to get state pension
It is weird, but as I said NI is a shit show due to legacy issues of being a tax which pretends to be an insurance scheme, with means testing subsidised by redistributing money stolen from the rich.
gbj_tester
Ah right I'd gotten myself confused between the small profits threshold and the lower profits limit. So no NI until £12570 profit and if I'm making much more than that it's probably not too much to pay £3.45 for a while in case more work comes in. Sounds like if I just dump anything over 50k total income in my pension then I can claim back the higher rate tax too via the tax return. Thanks, I feel like I know what I'm getting in to a lot more now 🙏.
Reading up it seems weird that between 6725 and 12570 you don't need to pay NI yet below 6725 you need voluntary contributions to get state pension, unless I've misunderstood. Anyway, hopefully that doesn't affect me.