In the UK, all employees aged 16 and over must pay National Insurance contributions, as do employers and the self-employed. However, few people understand why we make these contributions and how they are calculated.
This course provides an overview of the National Insurance Contributions system, how it works, and why the amount a person pays varies depending on their employment status.
What you will learn:
- What National Insurance is, and its key purpose
- The different classes of National Insurance contributions as they apply to employees
- Why employers make National Insurance contributions
- Why an employee’s pension scheme affects the amount of National Insurance their employer pays
- How to deduct National Insurance contributions from an employee’s wages
Course content
5 modules · 0.5 hours of learning
- Module 01: Introduction to National Insurance (includes quiz)
- Module 02: Why Do We Pay National Insurance? (includes quiz)
- Module 03: Different Types and Rates of National Insurance (includes quiz)
- Module 04: Employer’s National Insurance Contributions (includes quiz)
- Module 05: How to Deduct National Insurance From an Employee’s Wages (includes quiz)
This course forms part of our accounting and finance training, with more options across our CPD courses.
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