Enrichment

What are national insurance contributions?

Geoff Riley

23rd February 2022

National Insurance Contributions are rising in April 2022. Since being announced, opinion has been divided on whether this is the best mechanism for the government to raise revenue.

But what are National Insurance contributions? Are they the same as income tax? What will the extra tax revenue raised from April be used for? Are there better ways of raising tax?

The IFS podcast is seriously good for economics enrichment listening. Here is the link to follow.

Geoff Riley

Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.

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