National Insurance Archives

Understanding UK National Insurance

by Muhammad Taha Farooq | Dec 5, 2024 | Educational, Tax Related, UK Taxation

Day 6: National Insurance Contributions: Understanding UK National Insurance Introduction: National Insurance contributions (NICs) are essential for funding the UK’s social security system, including the NHS, state pensions, and other benefits. Understanding how...

Personal Taxation in the UK: UK Personal Taxation Guide

by Muhammad Taha Farooq | Dec 2, 2024 | Educational, Tax Related, UK Taxation

Personal Taxation in the UK: UK Personal Taxation Guide Introduction: Personal taxation is a crucial aspect of the UK tax system, impacting individuals and their financial planning. This post will provide a detailed overview of income tax, National Insurance...

Types of Taxes in the UK

by Muhammad Taha Farooq | Dec 1, 2024 | Educational, Tax Related, UK Taxation

Day-3 Types of Taxes in the UK Introduction: The UK tax system is comprised of various types of taxes, each serving a different purpose and affecting different groups of taxpayers. Understanding these taxes is crucial for both individuals and businesses to ensure...