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  2. How will the employer National Insurance rise affect you? - AOL

    www.aol.com/news/fact-check-raising-employer...

    Labour has confirmed that national insurance contributions (NICs) are set to rise by 1.2 per cent. The tax is the contribution paid by employers on top of their employee’s wages.

  3. National Insurance - Wikipedia

    en.wikipedia.org/wiki/National_Insurance

    National Insurance (NI) is a fundamental component of the welfare state in the United Kingdom.It acts as a form of social security, since payment of NI contributions establishes entitlement to certain state benefits for workers and their families.

  4. State Pension (United Kingdom) - Wikipedia

    en.wikipedia.org/wiki/State_Pension_(United_Kingdom)

    Each year that National Insurance is paid is called a qualifying year. For 2023–2024, for a qualifying year to count, an individual needs to earn at least £6396 if he/she is an employee, or £6725 if he/she is self-employed, and to have paid (or been credited with) National Insurance contributions based on these earnings.

  5. What could an increase in employer national insurance mean ...

    www.aol.com/could-increase-employer-national...

    – What is the current rate of employer national insurance? Employers currently pay 13.8% on earnings above £175 a week, or £9,100 a year, under Class 1 NI contributions. It is deducted and set ...

  6. National Insurance number - Wikipedia

    en.wikipedia.org/wiki/National_Insurance_number

    Until 1975, the suffixes A, B, C and D at the end of the NI number signified the period of validity of the National Insurance cards originally used to collect National Insurance contributions (NICs). Cards were exchanged every twelve months, and because of the very large numbers of cards issued, the exchange was staggered.

  7. Pensions in the United Kingdom - Wikipedia

    en.wikipedia.org/wiki/Pensions_in_the_United_Kingdom

    After the Second World War, the National Insurance Act 1946 completed universal coverage of social security. The National Assistance Act 1948 (11 & 12 Geo. 6. c. 29) formally abolished the poor law, and gave a minimum income to those not paying National Insurance. The Basic State Pension was also introduced in 1948.

  8. Entry-level jobs could become scarce due to National ... - AOL

    www.aol.com/entry-level-jobs-could-become...

    A rise in minimum wage as well as National Insurance has put retailers on alert to lift prices this year Entry-level jobs could become scarce due to National Insurance bill, warns Next boss Skip ...

  9. National Insurance Fund - Wikipedia

    en.wikipedia.org/wiki/National_Insurance_Fund

    The three British National Insurance Funds hold the contributions of the National Insurance Scheme, set up by the Government of the United Kingdom in 1911. It was reformed in 1948 and assumed broadly its current form in 1975, when the separate National Insurance (Industrial Injuries) and National Insurance (Reserve) Funds were merged with it. [ 1 ]