@hawkins_carole @TraceyR64968698 @1jtonner @Jenny_1884 NICs are paid by employees, employers and the self-employed and pay for contributory benefits, mainly the state pension. For the most part, today’s workers are paying the pensions of today’s pensioners.
Unlike most taxes in the UK, NICs are paid into a specific pot. 1/
🐦🔗: https://nitter.eu/europesheila/status/1590027063364182016