National Insurance EXPLAINED! | UK | 2020
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- เผยแพร่เมื่อ 13 มิ.ย. 2024
- VaagVaan, In this video I go over the basic information about National Insurance that I believe everyone should know.
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The basics of a tax that everyone has to deal with is not taught in school. Why is that? Well in this video I cover everything you need to know about National Insurance so you know where your money goes and are not left confused.
VIDEO INDEX:
- What is National Insurance? 00:39
- Is it expensive? 01:20
- What am I contributing towards? 03:06
- Why does it exist? 03:48
- When does it affect us? 04:18
I hope you found some value or useful information in this video.If you did or you enjoyed the video make sureyou smash that like button! Please don't forget to subscribe so you can be notified when I upload new videosevery Thursday.
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Hi, I'm Joe! Welcome to my channel. I am an Indian teenager ln the UK trying to learn and teach as many thingsthat make your life simply better.If you are interested in taking control of your personal finances and self development then please help yourselfby subscribing and joining the family!I will be posting every Thursday so stay tuned and make sure to have your bell notifications on
Thank you for your content. I just moved to UK from Ukraine, and this really helps me understand how this system works, as it differs quite much from Ukrainian one
I’ve been waiting for this one. Very very useful video 🙌
Thanks for explaining this so well 👍😁
A very simple explanation thank you
That's was once again a nice one explained !!
Thanks a lot for this video, I found it useful and easy to understand.
Nice video, cheers!!
Thanks alot really informative
thanks, a great video!
video about taxes as a sole trader or when opening your first business what should i know ? things to avoid? tips and trick that might help me out ?
Keep posting man your stuff is really helpful !!
Can other national request for ni amount if that person wants to leave the UK ?
Please I wish to ask, does the NI record The number of hours I have worked weekly or monthly?
Soo can we avoid paying NI , because I am anyway not going to use any of the allowance included in NI , and I have actually already paid NI with the PSW visa , soo is their any way that I can get back my money taken as NI and stop paying NI.
Well explained
Thanks for this video! My company is asking me to move from Hong Kong to United Kingdom but seems like the Income Tax + National Insurance is quite high!
Need to chat to renegotiate my salary :)
Good job bud
I just started work in the Uk, does my NI deduction start almost immediately or after earning a certain amount
What is the difference between Employers NI an employees NI?
Hii I had worked in a company for 2.5 mnths n earned near to 8000 pounds. I got my p45 Did I get my ni back?
do u pay NI twice if u have two employment
Please tell us about as an entertainer how much tax I need to pay.. as an you-tuber or as online host on apps like bigo plz
Does the income tax calculation start after national insurance deduction or is it not related?
Think it's tax percentage of total salary so before National insurance deduction
I'm learning UK taxation, (persuing ACCA from India) so just a suggestion,
Try to cover the basic terms in UK taxation:)
Tomorrow is my interview please help me to know more about uk taxation
Hi Joe, thank a lot for this video, it's been really helpful!
I came in London 1 year ago and I'm still waiting to receive my NI number, but, in the meantime my employer it's paying my NI even if I have none. Do you know if once I have my NI number I will be recognized of all the money I payed for the NI? Or they're lost?
Thanks a bunch!
Your NI number I believe is what your contributions are tied to so I would definitely pester HMRC to receive that ASAP!
What if I leave the UK?
Thanks😊 really your vedio is helpful
Can you make vedio on ssp smp
Will probably cover that over on my tiktok in the near future!🙌
@@JoeGeorgekutty thanks in advance
Do u have to pay it!
Because I don’t care about a pension!
Good video.. are you from Kerala?
Yes I am!
Hey bro i listen you.....
Thanks a lot. What is the differnece between NI contribution and Pension contribution for employees?
NI Contributions are for you to be qualified to get your pension once you retire.
@@JoeGeorgekuttywht
Disclaimer. A lot of this has changed in the recent years......
You didn’t leave the example of £30k earnings at the end of video 🙂
He did. Pause the video at 6:02
Just the camera can improve the quality, but nice info
Interesting. Natinal insurance is paid by every working memeber of the UK. The figures gained by the Government are deliberately vague. If you google it, you will not find a figure for each year because the government do not use this money as it was intended.
Georgekuttye
You're soooo cute ❤️
its nothing but a huge scam, no way would you ever get back every penny that you put into your pension. pisses me off.
georgekutty.... kutty..... 💀💀💀💀💀💀
Jesus, get over it, they didn't teach you at school, get to the point.
I'd recommend watching my videos 30 seconds in + 1.5 speed 👌
wow you're rude.
@@JoeGeorgekutty you raise such a good point though. I'm campaigning to get this stuff taught in schools