19th February 2016 01:24 PM | |
Kiran Chandar | Re: National Insurance Company UK Thos person pay their national insurance that have a job, then they pay National Insurance. It is taken out of their salary depending on how much person earn, similar to income tax. But because it isn't called a tax, governments can say they haven't increased income tax even though they've put up National Insurance. You pay National Insurance contributions to qualify for certain benefits including the State Pension. You pay National Insurance if you’re: 16 or over An employee earning above £155 a week Self-employed and making a profit of £5,965 or more a year Applicant needs a National Insurance number before they can start paying National Insurance contributions. If person earn between £112 and £155 a week, their contributions are treated as having been paid to protect their National Insurance record. Labour is planning to increase how much both employers and employees pay. The Government Actuary estimates the 2012-13 results for the National Insurance Fund to be as follows: £ billions (2012/13) Payments Income Retirement pensions (including Christmas bonus) 79.321 Widows'/Bereavement benefits 0.571 Incapacity Benefit 2.591 Unemployment benefit & support 3.463 Maternity allowance & guardians allowance 0.373 Administrative costs & transfers 4.693 Total 91.012 84.263 |
19th February 2016 01:23 PM | |
Unregistered | Re: National Insurance Company UK Hello sir, tell me why do we pay national insurance? It’s necessary to pay national insurance fund to national insurance company UK? |
15th July 2015 11:58 AM | |
Quick Sam | Re: National Insurance Company UK National Insurance in United Kingdom is a system of contributions paid by employers and workers towards the cost of certain state benefits. Government Departments HM Revenue and Customs HM Treasury Revenue Scotland Central Government VAT Income tax Inheritance tax Stamp duty Insurance Premium Tax Air Passenger Duty PAYE National Insurance Corporation tax Capital gains tax Motoring taxes Local Government Council Tax Domestic rates in Northern Ireland Business rates in England and Wales Business rates in Scotland Services Offered: Benefits Births, deaths, marriages and care Education and learning Employing people Environment and countryside Housing and local services Money and tax Passports, travel and living abroad Visas and immigration Working, jobs and pensions Business and self-employed Citizenship and living in the UK Crime, justice and the law Disabled people Driving and transport Contact Details : National Insurance Benton Road, Newcastle upon Tyne NE98 1ZZ, United Kingdom +44 191 203 7010 |
15th July 2015 08:08 AM | |
Unregistered | National Insurance Company UK Will you please provide the list of departments of National Insurance in United Kingdom ? Also provide the list of services offered. |