Categorized | Featured News, UK Tax

Claiming your NI Rebate – Take Control of Your Finances

The deadline to apply for the NI (National Insurance) Rebate is the 5th April 2010 so don’t miss out on this opportunity to take control of your finances.

What is an NI Rebate?

Very few people are aware that the government gives us a choice as to where some of our NI contributions should go. Anyone who is resident in the UK and who pays NI can opt to rebate some of their contributions.

Why Claim your NI Rebate?

Should foreigners residing in the UK decide to return home, their NI contributions will remain in the state pension where they will not be able to touch their plans until the age of 68. Even worse, this benefit is frozen and doesn’t accumulate growth with inflation i.e. over time the real value is lost.

For individuals planning to leave the UK in the future, transferring their NI contributions into their personal pensions will present far greater value. This will allow the invested money to grow as well as create increased flexibility to transfer the funds to different countries, and on the whole increase future wealth.

Claiming an NI Rebate is very straightforward. All you need do is click on the following link and follow the simple instructions on the website.

NI Rebate claim form

Related Posts

  1. Are you aware you can claim a Rebate on your National Insurance?
  2. Significant Drawbacks Expected for Failure to Meet the April NI Rebate Deadline
  3. New Security Measure for Claiming Tax Refunds Revealed
  4. Claiming your NI Rebate can Boost Financial Security during Uncertain Times
  5. Claim your NI Rebate – on average £1,645

About 1st Contact NI Rebates

A National Insurance Rebate can be claimed at anytime and only needs to be done once (from thereon it is automatically done for you each year).

UK: 0800 856 0589
www.1stcontactnirebates.com

One Response to “Claiming your NI Rebate – Take Control of Your Finances”

  1. Hi there,

    I worked over in the UK from April 2001 to Feb 2005. I received a letter from HM Revenue and Customs dated 23 Jan 2008 requesting I pay a shortfall in NI contributions from April 2005 to April 2006. I wrote back stating I left the UK Feb 2005 and I had informed them prior to leaving the UK.

    Do you think it would be too late to see if I was due reimbursement of NI contributions or a tax claim?

    Regards
    Shari

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