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National Insurance

Index National Insurance

National Insurance (NI) is a tax system in the United Kingdom paid by workers and employers for funding state benefits. [1]

32 relations: Actuary, Apprenticeship Levy, Attlee ministry, Bereavement benefit, Beveridge Report, British Library Philatelic Collections, Chancellor of the Exchequer, Christmas bonus (United Kingdom), Consumer Price Index (United Kingdom), Employee benefits, Employment and Support Allowance, Government Actuary's Department, H.M. Stationery Office Collection, HM Revenue and Customs, Incapacity Benefit, Income tax, Inland Revenue, Jobseeker's Allowance, National Health Service, National Insurance Act 1911, National Insurance Fund, P11D, P45 (tax), P60, Pay-as-you-earn tax, Retail price index, Social security, State Pension (United Kingdom), Student loans in the United Kingdom, Tax return (United Kingdom), Welfare state, Winston Churchill.

Actuary

An actuary is a business professional who deals with the measurement and management of risk and uncertainty.

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Apprenticeship Levy

The Apprenticeship Levy is a UK business levy which is used to fund apprenticeship training.

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Attlee ministry

Clement Attlee was invited by King George VI to form the Attlee ministry in the United Kingdom in July 1945, succeeding Winston Churchill as Prime Minister of the United Kingdom.

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Bereavement benefit

Bereavement benefit is paid to the widow/widower and/or orphans of a person who has died.

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Beveridge Report

The Beveridge Report, officially entitled Social Insurance and Allied Services, is a government report, published in November 1942, influential in the founding of the welfare state in the United Kingdom.

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British Library Philatelic Collections

The British Library Philatelic Collections is the national philatelic collection of the United Kingdom with over 8 million items from around the world.

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Chancellor of the Exchequer

The Chancellor and Under-Treasurer of Her Majesty's Exchequer, commonly known as the Chancellor of the Exchequer, or simply the Chancellor, is a senior official within the Government of the United Kingdom and head of Her Majesty's Treasury.

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Christmas bonus (United Kingdom)

A Christmas Bonus of £10 is paid to the recipients of long term benefit in the United Kingdom.

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Consumer Price Index (United Kingdom)

The Consumer Price Index (CPI) is the official measure of inflation of consumer prices of the United Kingdom.

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Employee benefits

Employee benefits and (especially in British English) benefits in kind (also called fringe benefits, perquisites, or perks) include various types of non-wage compensation provided to employees in addition to their normal wages or salaries.

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Employment and Support Allowance

Employment and Support Allowance (ESA) is a United Kingdom welfare payment for adults having difficulty finding work because of their long-term medical condition or disability.

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Government Actuary's Department

The Government Actuary’s Department (GAD) is a department of the Government of the United Kingdom responsible for providing actuarial advice to public sector clients.

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H.M. Stationery Office Collection

The H.M. Stationery Office Collection is a collection of British excise revenue material including National Savings and National Insurance stamps that forms part of the British Library Philatelic Collections.

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HM Revenue and Customs

Her Majesty's Revenue and Customs (HM Revenue and Customs or HMRC) is a non-ministerial department of the UK Government responsible for the collection of taxes, the payment of some forms of state support and the administration of other regulatory regimes including the national minimum wage.

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Incapacity Benefit

Incapacity Benefit is a British social security benefit that was introduced in 1995 in an attempt to control the rising number of people on out-of-work sickness benefits.

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Income tax

An income tax is a tax imposed on individuals or entities (taxpayers) that varies with respective income or profits (taxable income).

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Inland Revenue

The Inland Revenue was, until April 2005, a department of the British Government responsible for the collection of direct taxation, including income tax, national insurance contributions, capital gains tax, inheritance tax, corporation tax, petroleum revenue tax and stamp duty.

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Jobseeker's Allowance

Jobseeker's Allowance (JSA) is an unemployment benefit paid by the Government of the United Kingdom to people who are unemployed and actively seeking work.

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National Health Service

The National Health Service (NHS) is the name used for each of the public health services in the United Kingdom – the National Health Service in England, NHS Scotland, NHS Wales, and Health and Social Care in Northern Ireland – as well as a term to describe them collectively.

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National Insurance Act 1911

The National Insurance Act 1911 created National Insurance, originally a system of health insurance for industrial workers in Great Britain based on contributions from employers, the government, and the workers themselves.

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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.

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P11D

Form P11D (Expenses and Benefits) is a tax form filed by United Kingdom employers for each director and for each employee earning over £8500 per year, and sent to the tax office with which their PAYE scheme is registered.

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P45 (tax)

In the United Kingdom and the Republic of Ireland, a P45 is the reference code of a form titled Details of employee leaving work.

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P60

In the UK and Ireland, a P60 (End of Year Certificate) is a statement issued to taxpayers at the end of a tax year.

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Pay-as-you-earn tax

A pay-as-you-earn tax (PAYE) or pay-as-you-go (in Australia) is a withholding tax on income payments to employees.

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Retail price index

In the United Kingdom, the retail prices index or retail price index (RPI) is a measure of inflation published monthly by the Office for National Statistics.

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Social security

Social security is "any government system that provides monetary assistance to people with an inadequate or no income." Social security is enshrined in Article 22 of the Universal Declaration of Human Rights, which states: Everyone, as a member of society, has the right to social security and is entitled to realization, through national effort and international co-operation and in accordance with the organization and resources of each State, of the economic, social and cultural rights indispensable for his dignity and the free development of his personality.

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State Pension (United Kingdom)

The State Pension is part of the United Kingdom Government's pension arrangements.

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Student loans in the United Kingdom

Student loans and grants in the United Kingdom are primarily provided by the government through the Student Loans Company (SLC), a non-departmental public body.

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Tax return (United Kingdom)

In the United Kingdom, a tax return is a document that must be filed with the HM Revenue & Customs declaring liability for taxation.

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Welfare state

The welfare state is a concept of government in which the state plays a key role in the protection and promotion of the social and economic well-being of its citizens.

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Winston Churchill

Sir Winston Leonard Spencer-Churchill (30 November 187424 January 1965) was a British politician, army officer, and writer, who was Prime Minister of the United Kingdom from 1940 to 1945 and again from 1951 to 1955.

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Redirects here:

Class 4 national insurance, Earnings Tax, Ministry of National Insurance, National Health Insurance Commission, National Insurance (United Kingdom), National Insurance Commission, National Insurance Contributions, National Insurance UK, National Insurance contributions, National insurance, National insurance contributions.

References

[1] https://en.wikipedia.org/wiki/National_Insurance

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