can you be made bankrupt for national insurance stamps?

[lucyshandbag]

can you be made bankrupt for not paying national insurance stamps??

[Ethel]

Not everybody needs to pay National Insurance Contributions.

But if you should have been, and you haven't - if the debt is enough, then yes you can be made bankrupt.

[Buenchico]

Ethel is one of AB's most reliable contributors but I'm not sure about the accuracy of her answer here.

When I've got behind with my NI payments, in the past, I've sometimes received a reminder letter which has pointed out that I'm behind with my contributions. The letters always spell out the possible problems which could arise (in regard to benefits and pensions) if the payments are not brought up to date but they also always state 'this is not a demand for payment' and go on to explain that any payment made will be on a purely voluntary basis.

Since it seems that no demand for payment of missing NI contributions can be made, it seems unlikely that it could lead to bankruptcy.

Chris

[fiesata]

The letter you are talking about ids a deficiency notice where you do not have to pay voluntary contributions towards retirement pension.
Where a person is liable to pay as employed or self employed you HAVE to pay these

[themas]

This is most likely to apply to a self employed person who is liable for Class 2 NI and - if the profits are big enough - Class 4. Both these are compulsory and I see no reason why HMRC could not bankrupt someone for arrears if they are above the �750 limit. However, I've never heard of it happening except when income tax is due as well as Class 4 (which is collected with the income tax).