National insurance contributions: Difference between revisions

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imported>Doug Williamson
(Added extra information about additional benefits. Source: https://www.gov.uk/national-insurance/what-national-insurance-is-for)
imported>Doug Williamson
(Update links.)
 
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(NICs).
(NICs).


''UK Tax.''
''UK tax.''


A form of UK tax paid by employers, employees and the self-employed, nominally as a contribution to state pensions but it also counts towards other specified benefits.
A form of UK tax paid by employers, employees and the self-employed, nominally as a contribution to state pensions.
 
Paying national insurance contributions builds up an individual's entitlements to receive state pension and other specified state benefits.




== See also ==
== See also ==
* [[IR35]]
* [[Primary contributions]]
* [[State Pension]]
* [[State Pension]]
* [[Basic State Pension]]
* [[Primary contributions]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]

Latest revision as of 11:32, 27 January 2022

(NICs).

UK tax.

A form of UK tax paid by employers, employees and the self-employed, nominally as a contribution to state pensions.

Paying national insurance contributions builds up an individual's entitlements to receive state pension and other specified state benefits.


See also