National Insurance
978-613-0-32591-6
6130325916
104
2013-10-28
39.00 €
eng
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Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. National Insurance (NI) in the United Kingdom was initially a contributory system of insurance against illness and unemployment, and later also provided retirement pensions and other benefits. It was first introduced by the National Insurance Act 1911, and expanded by the government of Clement Attlee in 1946. The contributions component of the system consists of obligatory contributions, National Insurance Contributions (NICs), paid by employees and employers on earnings, and by employers on certain benefits-in-kind provided to employees. The self-employed contribute based upon net earnings.
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