National Insurance contributions


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National Insurance contributions

payments by individuals and employers to obtain contributory benefits such as the state pension.
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References in periodicals archive ?
Work and Pensions Secretary James Purnell is proposing an amendment to the Pension Bill enabling people to buy up to an extra six years of National Insurance contributions.
Pension top-up scheme for women; The World Today
But the move will have limited scope, as it is available only to people who already have at least 20 years of National Insurance contributions, meaning that many women could still miss out.
Pensions boost for women
The 1% rise in National Insurance contributions on the employer has gone down very badly, and when you look at all the other rises in costs for business, such as increased insurance premiums and pension fund contributions, there is not a case for any new business taxes.
Business: Businesses want `stealth taxes' ended; Message to the Chancellor - a rising tax burden and NI increases are hurting all
A cut in National Insurance contributions would ease those problems and, hopefully, keep their staff in employment.
THE VOICE OF NE BUSINESS
There are six types of National Insurance contributions known as classes.
Employment issues
The French firm says that with prices from pounds 11,250 the range enables drivers to cash-in on reduced benefit-in-kind tax charges and employers' National Insurance contributions.
Picasso tax-dodger
A cardiff City fan has pleaded guilty to failing to declare income tax and National Insurance contributions.
Sentencing date for cheat fan
A spokesman for the Government's Insolvency Service said Mr Haigh used pounds 104,303 of PAYE and National Insurance contributions due to the Inland Revenue to continue trading between July 2001 and July 2002.
Director of firm banned
He added that National Insurance contributions need to be made only if more than pounds 91 per week is earned.
Taxing summer
Under new rules, they can claim up to 25 per cent of gratuities to cover national insurance contributions.
Tips for the chop; It's a taxing time for service staff, writes JOHN McEACHRAN
Mr Hodgson said that companies often believe that since the Inland Revenue is collecting income tax at 40 per cent in many cases, plus National Insurance contributions, it was unlikely to disallow the expenditure in the company's corporation tax computations.
BUSINESS LIFE: Timely reminder of tax investigations
However, income tax, council tax and now National Insurance contributions have all gone up, shrinking my tiny wage even further.
Mirror M@ilbox: Budget bungled

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