Search results
Results From The WOW.Com Content Network
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.
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.
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 ]
A deadline for making voluntary national insurance contributions has been extended from April 5 to July 31 after customer phonelines were busy.
NI contributions paid between April 1961 and April 1975 result in an entitlement to a small Graduated Retirement pension. [b] [25] NI contributions paid between April 1978 and April 2002 result in an entitlement to an additional pension from the State Earnings Related Pension Scheme if the individual was "contracted out" of this arrangement ...
In the UK, the P60 form has been issued since 1944 by employers to each of their employees to detail the employees' taxable income and deductions made by PAYE (both for income tax and National Insurance contributions) for that year. Historically, it was the third part of a triplicate form, the front two parts being P14 (End of Year Summary).
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
A national identification number, national identity number, or national insurance number or JMBG/EMBG is used by the governments of many countries as a means of tracking their citizens, permanent residents, and temporary residents for the purposes of work, taxation, government benefits, health care, and other governmentally-related functions.