Enrichment
What are national insurance contributions?

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.
NEW PODCAST: Everything you need to know about National Insurance
— Institute for Fiscal Studies (@TheIFS) February 23, 2022
Our Deputy Director and tax expert @HelenMiller_IFS talks us through the planned increases in April and answers listeners questions with @PJTheEconomist.
🎧 Listen now > https://t.co/M90nslAh0G pic.twitter.com/E37uL3wGb1
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