Money-saving knowledgeable Martin Lewis has revealed the group of Brits who could be owed tens of hundreds from HMRC. Lewis lately shared an important replace about a state pension error, which could see many Brits lose out on funds they were entitled to. “It mainly affects women between the ages of 40 and 90,” he revealed in a short YouTube clip, telling people to examine if they are owed money.
“It’s for people who took time off work between 1978 and 2010 to look after their children,” he continued. “Or, to care for someone who is long-term disabled.” He goes on to clarify that people who match this description were meant to have obtained what is called a Home Responsibilities Protection, which should have given them National Insurance years to substitute the ones they weren’t getting by working. “You need those National Insurance years to get a full state pension,” he warned.
“But it’s possible that over 100,000 women didn’t. And while the government had been trying to contact those women, it has stopped doing so now. So the onus is on you.”
“To show you how big this could be,” he continued, “Cilla got in touch with me and said, ‘I’ve just received 15 years’ back pay from HMRC of £31,674 for underpayment of my pension, thank you’.”
To see if you are owed money, he advises people to go to Gov.uk and examine their State Pension forecast or assertion. You can also call the Future Pension Centre, who will be in a position to post a copy of your forecast.
If your forecast says you are not getting a full State Pension or it says you’re not on monitor to get a full State Pension, then you need to examine your National Insurance report for gaps. This can also be completed on the authorities web site.
Look out for a hole during the years 1978 to 2010 if these were years when you took time off work to care for a little one or someone with a long-term health situation. If you discover a hole, you may be owed Home Responsibilities Protection.
“You need to go and do your research on Home Responsibilities Protection, because you could be owed money,” Lewis said.
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