National Insurance - Glossary - Knight Knox

Glossary

The world of property investment can sometimes be confusing; our Glossary is full of useful terms to help every investor, whether they are a first time landlord or a seasoned portfolio builder.


N

National Insurance


A mandatory contribution taken from your monthly income for employees if your earnings are above £153 per week, or are self-employed and making a profit of over £5,885 per annum. National Insurance payments throughout your working life ensure you receive certain benefits including the State Pension when you retire.

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