Social Security payments
Mar 23rd 2010 | 4:43 am
#16
Member
Joined: Jul 2009
Posts: 658
From: Home in Herts
Re: Social Security payments
If you are self-employed in the UK, the NI is about £2.50 a week and if you only earn a small amount, you don't even have to pay that (you have a choice). If you don't pay it, you will still be covered for Healthcare but are not contributing towards your State Pension or any Benefits.
And this is the contribution towards a state pension or benefits? I am really surprised that it is so low. I wonder if this is for paye people too?
How on earth does the UK NHS/Pension manage to pay for itself?
Mar 23rd 2010 | 4:51 am
#17
Member
Joined: Jul 2009
Posts: 658
From: Home in Herts
Re: Social Security payments
Haven't a clue as to whether you can claim family allowance from the Uk. I don't.
My gestor deducts all Spanish family allowances and tax credits that any Spanish employee would be entitled to. I don't claim anything from the UK because I don't pay into the UK system anymore.
I don't set the rate for SS payments as an autonomo. It's the only way that I am aware of that I can pay into the Spanish system. I suppose we could do what most expats below retirement age do and blag our way with the old E111 or its decendant, but if anyone in my family is suddenly hurt or taken ill then I don't want to have to worry about getting a large bill.
I agree though, 250€ is less than I would have been paying for UK NI. Saying that though, as an autonomo, if I only earned a tenner a month I would still have to pay the full 250€.
My gestor deducts all Spanish family allowances and tax credits that any Spanish employee would be entitled to. I don't claim anything from the UK because I don't pay into the UK system anymore.
I don't set the rate for SS payments as an autonomo. It's the only way that I am aware of that I can pay into the Spanish system. I suppose we could do what most expats below retirement age do and blag our way with the old E111 or its decendant, but if anyone in my family is suddenly hurt or taken ill then I don't want to have to worry about getting a large bill.
I agree though, 250€ is less than I would have been paying for UK NI. Saying that though, as an autonomo, if I only earned a tenner a month I would still have to pay the full 250€.
Good for you to sort out healthcare for your family this way. Covered at least. I know of a few expats who do not have any cover..Yiks what if's.
Mar 23rd 2010 | 5:21 am
#18
Ex Expat
Joined: Oct 2006
Posts: 2,140
From: West Midlands, ex Granada province
Re: Social Security payments
That amount is ever so low...only £2.50 per week or less !
And this is the contribution towards a state pension or benefits? I am really surprised that it is so low. I wonder if this is for paye people too?
How on earth does the UK NHS/Pension manage to pay for itself?
And this is the contribution towards a state pension or benefits? I am really surprised that it is so low. I wonder if this is for paye people too?
How on earth does the UK NHS/Pension manage to pay for itself?
PAYE people pay a percentage of their wages, so the more you earn the more you pay, this counts towards healthcare, State Pension, SERPS and certain Benefits.
If you are unemployed or sick and unable to work, or you are not working and in receipt of Child Benefit or Carers' Allowance your NI is credited for you and counts towards your healthcare and Pension.
The UK look after their people!
Mar 23rd 2010 | 7:54 am
#19
RETIRED ;-))
Joined: Jul 2003
Posts: 20,156
From: Benalmadena Pueblo,Spain
Re: Social Security payments
If you are self-employed in the UK, the NI is about £2.50 a week and if you only earn a small amount, you don't even have to pay that (you have a choice). If you don't pay it, you will still be covered for Healthcare but are not contributing towards your State Pension or any Benefits.
Mar 23rd 2010 | 9:22 am
#20
Ex Expat
Joined: Oct 2006
Posts: 2,140
From: West Midlands, ex Granada province
Re: Social Security payments
<<I can never remember paying anything as little as 2.50, I am sure it was nearer 8 quid and then 8% of profits extra on top.<<
Home > Library > Rates & Allowances > National Insurance Contributions
Rates and allowances - National Insurance contributions
National Insurance - rates and allowances
£ per week 2008-09 2009-10 2010-11
Class 2 rate £2.30 £2.40 £2.40
Class 2 small earnings exception
£4,825 per year £5,075 per year £5,075 per year
Class 4 lower profits limit
£5, 435 per year £5, 715 per year £5, 715 per year
Class 4 upper profits limit
£40, 040 per year £43, 875 per year £43, 875 per year
From this link:
http://www.hmrc.gov.uk/rates/nic.htm
You only have to pay the Class 4 if you make enough profit, then it is a percentage . Otherwise it is just the Class 2.
Home > Library > Rates & Allowances > National Insurance Contributions
Rates and allowances - National Insurance contributions
National Insurance - rates and allowances
£ per week 2008-09 2009-10 2010-11
Class 2 rate £2.30 £2.40 £2.40
Class 2 small earnings exception
£4,825 per year £5,075 per year £5,075 per year
Class 4 lower profits limit
£5, 435 per year £5, 715 per year £5, 715 per year
Class 4 upper profits limit
£40, 040 per year £43, 875 per year £43, 875 per year
From this link:
http://www.hmrc.gov.uk/rates/nic.htm
You only have to pay the Class 4 if you make enough profit, then it is a percentage . Otherwise it is just the Class 2.
Mar 23rd 2010 | 8:18 pm
#21
Thread Starter
Forum Regular
Joined: Mar 2006
Posts: 70
From: Adra, Costa Almeria (since March 2008)
Re: Social Security payments
Many thanks for all of your replies. I am 45 and have paid into the UK system since starting work at the age of 16. I think that I need to speak to a gestor as suggested. Finding an English speaking one in the Adra area may be my next challenge
