National Insurance: Past, present and future, 28th August 2015

Object Type: Asset
In Folder: ICAEW YouTube

Expand to show object metadata

National Insurance: Past, present and future, 28th August 2015

An ICAEW explainer outlining how UK national insurance works and how the National Insurance Fund is used. ICAEW tax expert and report author Peter Allen explains the historical development from friendly societies and the 1911 introduction through the 1948 system and later changes. The piece clarifies the difference between national insurance and general taxation, detailing the benefits it finances. It sets out four options for the future of national insurance: merge with income tax; manage by aligning administration while keeping taxes separate; demerge to return to a ring-fenced insurance-based system; or continue with the current approach. The audience is invited to join the conversation. (AI generated description)

Dublin Core Metadata

title: National Insurance: Past, present and future, 28th August 2015

description: An ICAEW explainer outlining how UK national insurance works and how the National Insurance Fund is used. ICAEW tax expert and report author Peter Allen explains the historical development from friendly societies and the 1911 introduction through the 1948 system and later changes. The piece clarifies the difference between national insurance and general taxation, detailing the benefits it finances. It sets out four options for the future of national insurance: merge with income tax; manage by aligning administration while keeping taxes separate; demerge to return to a ring-fenced insurance-based system; or continue with the current approach. The audience is invited to join the conversation. (AI generated description)

type: Moving Image

format: mp4

language: en

subject: Personal taxation

subject: Taxation

subject: PAYE and RTI

subject: Employment taxation

subject: NIC

identifier: YouTube/MISSING

creator: ICAEW

publisher: ICAEW

date: 2015-08-28

Show more ▼