State Pension

National Insurance Contributions (NIC)
National Insurance Contributions (NIC) are payments made by employees and employers in the UK primarily to qualify for certain benefits and state pensions.
Workplace Pension
A workplace pension is a retirement savings plan arranged by employers to help employees save towards their retirement in addition to the state pension.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.