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News Report Page 3 of 25
Publication Date:-
2023-06-22
 
News reports located on this page = 2.

Deadline for voluntary National Insurance contributions extended to April 2025

TAXPAYERS now have until 5 April 2025 to fill gaps in their National Insurance record, from April 2006, that may increase their State Pension; an extension of nearly 2 years; the Government announced.

Extending the voluntary National Insurance contributions deadline until 2025 means that people have more time to properly consider whether paying voluntary contributions is right for them and ensures no-one need miss out on the possibility of boosting their State Pension entitlements.

The original deadline was extended to 31 July 2023 earlier this year, and tens of thousands of people have taken advantage to pay voluntary contributions to HM Revenue and Customs (HMRC) since then. The revised deadline is expected to enable tens of thousands more to do the same.

Victoria Atkins, Financial Secretary to the Treasury, said:- "People who have worked hard all their lives deserve to receive their State Pension entitlement, and filling gaps in National Insurance records can make a real difference. With the deadline extended, there is no immediate rush for people to complete gaps in their record and they will have more time to spread the cost."

Laura Trott, Minister for Pensions, Department for Work and Pensions, said:- "I'm pleased to see so many people taking steps to review their State Pension, which is why we have extended the deadline for customers to add extra years to their National Insurance record. "This extension means thousands more people will have time to check their entitlement, and in many cases, increase the amount they receive when they retire."

The extension means that taxpayers have a longer period to enable them to afford to fill any gaps if they choose to do so.

All relevant voluntary National Insurance contributions payments will be accepted at the rates applicable in:- 2022 to 2023, until 5 April 2025.

Individuals who are planning for their retirement could benefit from the opportunity to complete gaps in their National Insurance record. Other people who may benefit include those who may have been:-

  • Employed, but with low earnings.
     

  • Unemployed and not claiming benefits.
     

  • Self employed who did not pay contributions because of small profits.
     

  • Living or working outside of the UK.

Paying voluntary contributions does not always increase your State Pension. Before starting the process, eligible individuals with gaps in their National Insurance record from April 2006 onwards should check whether they would benefit from filling those gaps.

They can find out how to check their National Insurance record, obtain a State Pension forecast, decide if making a voluntary National Insurance contribution is worthwhile for them and their pension, and how to make a payment on:- Gov.UK.

Taxpayers can check their National Insurance record through their Personal Tax Account.
 


Experience pays as Team Kirkby scoop top prize at Hays Travel awards night

A team of travel agents with over 100 years' experience in the holiday trade is beaming with sunny smiles after scooping a top award. The 7 staff from Hays Travel North West's Kirkby store won the Merseyside and North Wales Travel Shop of the Year title at the company's glittering awards evening at Chester Racecourse.

Shop Manager Natalie Mackay said it was a great reward for all the hard work they put in and testimony to her team's breadth of knowledge and experience in the industry. She said:- "Collectively we must have a total of more than 100 years of experience in the travel sector. We all absolutely love our jobs and we live and breathe travel. I think that's why we have so many repeat customers. People come back to us time and again because they know we can find them the holiday they want at any time in their lives."

The super 7 also all hail from Kirkby. Natalie said:- "It wasn't planned that way, it's just coincidence that we were all born and brought up locally but it's a great advantage us knowing the area so well and being a part of the Kirkby community. Our faces are familiar in the area, which also helps when people are looking for an agency they can trust to advise them on their dream holidays. We now know many of our customers by their 1st names and have built up a lovely rapport with them."

Natalie and her assistant manager Francine Finnin are hugely proud to have sent over 4,000 people on holiday during the year.

Also in the team are Samantha Smith, Paula Cameron, Megan Shelly, Georgia Wallace and Lucy Marrs and their reward is a three-day stay in a luxury hotel in Turkey for a Hays Travel Conference.

Natalie said they were all over the moon to have hit such a sales milestone. "It is a real achievement in itself but to win Travel Shop of the Year is the icing on the cake. We knew we had done well this year but we were all still massively surprised when we heard we'd won the big one. The girls have been brilliant. We all get on well and pull together to make sure we reach our targets. It's also great to think that we have helped so many people take off on fantastic holidays which they will remember for years to come. We've dealt with thousands of passengers; more than four thousand a year I'd say; and we have all travelled extensively ourselves so we can talk to them from personal experience. If they ask us what a place is like then one of us has usually been there either on a personal holiday or on an industry-related educational trip so we can tell them firsthand."

Natalie said demand for getaways varies broadly from domestic breaks in the UK to Caribbean cruises. She said:- "There is no one type of vacation which dominates the rest. We cover a wide range of destinations and styles of holiday, though it would be true to say we have noticed an increased demand for cruise holidays over recent years. I think one reason is that people can book them a few years in advance now. We're already taking bookings for 2025 and people can spread the cost over a longer period, paying in instalments by direct debit. It's really opened up that market to those who perhaps couldn't afford to pay all in one go before. Cruise holidays used to be very much a once in a lifetime dream for many but now they are a lot more affordable and accessible and I'm looking forward to a cruise to the Caribbean later this year."

The awards are organised annually by Hays Travel North West managing director Don Bircham to celebrate the achievements of the more than 200-strong Hays Travel team across the entire Region.

The awards are organised annually to celebrate the achievements of the Hays Travel North West team and Managing Director Don Bircham said:- "It has been a fantastic year and the awards are our way of saying thank you to our wonderful staff who have done such a great job over the years. This year we have seen record sales and people really have been keen to book their holidays and they have been beating a path to our doors for the professionalism, expertise and friendliness of our staff. Through Hays Travel we are able to offer a brilliant choice and we are not aligned to any particular tour operator so we can sell a wide range of holidays which fit the customer's requirements. We're sending more people on holiday than ever before and so we're sending our award-winners away on a break of their own as a reward."

Hays Travel North West, which is fully ABTA and ATOL-registered and employs 250 staff, at 46 shops across North Wales, the North West and Shropshire, was founded by Don Bircham when he opened his 1st store in Mold, in Flintshire, in 2000.

His network of travel agencies is the main partner of the hugely successful Hays Travel, based in Sunderland, the UK's largest independent travel agency.

 
      
 
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