national insurance

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national insurance

n
(Insurance) (in Britain) state insurance based on weekly contributions from employees and employers and providing payments to the unemployed, the sick, the retired, etc, as well as medical services. See also social security
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.National Insurance - social insurance program in Britainnational insurance - social insurance program in Britain; based on contributions from employers and employees; provides payments to unemployed and sick and retired people as well as medical services
social insurance - government provision for unemployed, injured, or aged people; financed by contributions from employers and employees as well as by government revenue
Translations

National Insurance

n (Brit) → Previdenza Sociale
References in periodicals archive ?
A rise in Class 4 national insurance contributions (NICs) paid by self-employed people was amongst the measures announced by Chancellor Philip Hammond in the Budget on Thursday.
The basic rate of income tax is 20%, and you may need to pay 9% Class 4 national insurance, but there are no hard and fast rules about how much to put aside.