
Employees' National Insurance Contributions
Employees' National Insurance Contributions (NICs) are payments deducted from your earnings to help fund public services like healthcare, pensions, and social security. The amount you pay depends on your income level; higher earnings typically mean higher contributions. Both employees and employers contribute, with the employee's portion shown as a deduction on your payslip. NICs help build your entitlement to benefits such as the State Pension and healthcare services. It's a regular obligation for working individuals in the UK, ensuring that you contribute to social welfare and future security.