What is the National Insurance in UK for?

1 Answer

Answer :

Basically it is linked to social security payments in particular of contributory benefits where the amount you have payed in and the length of time you have paid in for alter the amount that is paid to you as part of the state pension. Other benefits that depend on NI contributions include Contribution based Jobseeker’s Allowance Incapacity Benefit Widowed Parents’ Allowance Bereavement Allowance Bereavement Payment Or… to put it another way it is a stealth tax where the government can increase the amount they tax you while still being able to claim that they have not increased income tax.

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