UK National Insurance Contribution Explained - 2021/2022

This video relates to the 2021/2022 tax year.
In this video I explain all 4 classes of the UK national insurance contribution calculation. I show the applicable rates and give a basic understanding as to how you can calculate your own NIC and which classes will be relevant to you.
Sources for tax rates:
www.gov.uk/guidance/rates-and...
lordslibrary.parliament.uk/na...

Пікірлер: 11

  • @adamwilliams5372
    @adamwilliams5372 Жыл бұрын

    Thanks for taking the time to make and share this. Really helpful. Thanks

  • @nikhilnijjer5
    @nikhilnijjer5 Жыл бұрын

    beautifully explained. Made the concept super easy❤❤

  • @orlandosilverwolf430
    @orlandosilverwolf4302 жыл бұрын

    Absolutely Excellent! Thank you for sharing this

  • @farnufinance8542

    @farnufinance8542

    2 жыл бұрын

    No problem. Thanks a lot for your comment and kind words! Hope this helped :)

  • @danielayodejiokusanya8074
    @danielayodejiokusanya80742 жыл бұрын

    This is good - saved it to refer back to it

  • @daljeetsinghbassi5905
    @daljeetsinghbassi59052 жыл бұрын

    Very helpful thanks

  • @farnufinance8542

    @farnufinance8542

    2 жыл бұрын

    Glad it was helpful, thank you! :)

  • @georginajovanovic
    @georginajovanovic6 ай бұрын

    Is National Insurance Contributions automatically paid if claiming Universal Credit and what about during Covid?

  • @fayeyaz2086
    @fayeyaz2086 Жыл бұрын

    Thank you so much my lecturer is useless

  • @freewoman2185
    @freewoman21852 жыл бұрын

    Excellent video, thanks

  • @farnufinance8542

    @farnufinance8542

    2 жыл бұрын

    Hope it was helpful! Thank you for your comment.

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