Everything you need to know about National Insurance

National Insurance Contributions are rising in April. Since being announced, opinion has been divided on whether this is the best mechanism to raise revenue.But, what are National Insurance contributions? Are they the same as income tax? What will the extra tax revenue raised from April be used for? And are there better ways of raising tax?In this episode, IFS Deputy Director Helen Miller takes us through the world of National Insurance Contributions, and answers questions posed by our social media followers.Support the IFS: https://ifs.org.uk/donate Hosted on Acast. See acast.com/privacy for more information.