Protect your Pension

From April 2008, neither an employee nor an employer will pay National Insurance contributions on earnings up to £105 a week. Earnings of £90 - £105 a week or more will, however, qualify for a 'nil rate contribution', which will credit the employee's National Insurance contribution record and so preserve entitlement to a State Retirement Pension and other benefits.

If a member of your family works in your business, you could pay a wage of at least £90 a week, to give them a
'nil rate contribution' which will 'buy' a pension.