>> >>Just not a huge incentive to work for another 5 years
>>
>> If you continue to work after the State Retirement age there is no NI payable
>> by employee
>>
While that’s a reasonable saving, there is zero chance of me working beyond the state retirement age...I have plenty of other things to occupy my time :) I do have 18 years to fill the 5 years needed for a full state pension, although that’s not the main plank fo my ‘plan’, such as it is. As mentioned above it’s not that expensive to just buy the years anyway. Though an unintended (or maybe intended?) side effect of the oft floated plan to wrap income tax and NI together would be to sweep the retired into effectively paying NI again...
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