Hi all, I currently have a main job where I am under PAYE and pay NI contributions, and am going self employed. I`ll be earning under the ~£4.5 threshold so I don`t have to pay the £2.20 NI contributions a week, but I was wondering if there are any advantages to doing so? My main employment has me paying NI, but IIRC I`m contracted out of the secondary state pension, if that makes any sense? When I spoke to HMRC they didn`t seem to think there was a good reason for me to pay £2.20 a week when I already pay enough NI to get the benefits I may need in the future.
Any advice will be gratefully received!