Contribution Classes
National insurance contributions (NICs) fall into a number of classes. Class 1, 2 and 3 NICs paid are credited to an individual's NI account, which determines eligibility for certain benefits - including the state pension. Class 1A, 1B and 4 NIC do not count towards benefit entitlements but must still be paid if due.
Read more about this topic: National Insurance
Famous quotes containing the words contribution and/or classes:
“Advertising is a racket, like the movies and the brokerage business. You cannot be honest without admitting that its constructive contribution to humanity is exactly minus zero.”
—F. Scott Fitzgerald (18961940)
“The difference between people isnt in their class, but in themselves. Only from the middle classes one gets ideas, and from the common peoplelife itself, warmth. You feel their hates and loves.”
—D.H. (David Herbert)