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What types of income are taxed in the UK?
Wages
,
self-employment
profits
,
pensions
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What does income tax fund in the UK?
Government
services like
roads
and
education
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What is the Pay As You Earn (PAYE) system?
Tax
is automatically deducted from wages
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Who must complete a Self-Assessment tax return?
Self-employed
individuals and others if requested
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What are National Insurance Contributions (NICs) used for?
Funding benefits like
state pension
and
NHS
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Where can you find more information about income tax in the UK?
www.hmrc.gov.uk/incometax
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What happens if NICs are insufficient?
Some benefits may not be available
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How are NICs deducted for employees?
Automatically from
wages
by the
employer
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How must self-employed individuals pay NICs?
Directly
by
the
individual
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What is the purpose of a National Insurance number (NI number)?
To track tax and
NICs
payments
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When is an NI number sent to UK citizens?
Before their
16th
birthday
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What must non-UK nationals do if seeking work in the UK?
Get an
NI number
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Can you work in the UK without an NI number?
Yes
, but you need to
apply
for
one
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What documents are required to apply for an NI number?
Proof of identity
and
permission to work
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Does an NI number prove the right to work in the UK?
No
,
it
does
not
prove the
right
View source
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