National insurance contributions: Difference between revisions
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(NICs). | (NICs). | ||
''UK | ''UK tax.'' | ||
A form of UK tax paid by employers, employees and the self-employed, nominally as a contribution to state pensions. | A form of UK tax paid by employers, employees and the self-employed, nominally as a contribution to state pensions. |
Revision as of 16:35, 14 May 2016
(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.