British Expats

British Expats (https://britishexpats.com/forum/)
-   Australia (https://britishexpats.com/forum/australia-54/)
-   -   UK Pension enhancement (https://britishexpats.com/forum/australia-54/uk-pension-enhancement-920207/)

GarryP Dec 15th 2018 7:40 pm

UK Pension enhancement
 
Not sure it has anything to do with Brexit, but for those thinking of retiring to the UK, this 'news' story might be useful :

https://thewest.com.au/business/your...ng-b881045685z

ianandhelena Dec 19th 2018 1:06 am

Re: UK Pension enhancement
 
The article doesn't expressly say it, but Class 2 contributions only apply to self-employed people. When I worked in the UK my employer paid Class 1 N.I., and if I wanted to fill in gaps in my record that's the rate I would have to pay (as Class 3 AVCs). Currently Class 3 costs £14.65 and Class 2 £2.95 pw for the current year.

Like you say, nothing to do with the B word!


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