National Insurance Contributions for Sub-Contractors Explained

Self employed subcontractors national insurance

As a self-employed sub-contractor, understanding National Insurance Contributions (NICs) is essential to manage your finances effectively. In the UK, NICs are a form of tax that contributes to state benefits like the State Pension and certain social security benefits. Here’s what self-employed sub-contractors need to know about NICs, including what they are, the different classes, […]