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      IOM                        Regional Information Campaign in Bulgaria and Romania                           

            Bulgaria                                "Clarifying the Myths and Realities of Immigrating to the United Kingdom"

 

 
 

 

 

 

 

 

 

 

 

 

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TAX AND INSURANCE

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TAXES


There are two kinds of taxes in the UK. Income tax and social security contribution are usually deducted directly from your salary. Keep all documentation regarding your income.
In order to be able to pay your taxes, you will receive from your employer a P46 form (if you do not have a P45 form) until the Inland Revenue Tax Return Service can confirm your exact tax code.
If you have made more than the necessary tax contributions, the Inland Revenue returns the sum paid in excess. If you did not work for the duration of a full fiscal year, you can require a tax return. The fiscal year lasts from April 5th until April 5th.
All employed persons over 16 years old, as well as retired persons, pay national insurance contributions.
More information regarding taxes and national insurance can be found at the Inland Revenue website at: http://www.inlandrevenue.co.uk/
 
 

INSURANCE


You must receive a national insurance number so that you can start work. In order to receive it, you must contact the Department of Social Security (DSS) in the region you live. You will be scheduled for interview with a DSS representative, at which you must show your work permit, employment contract, and passport. You will be assigned a national insurance number within 4-8 weeks. You will also be given a national insurance card. Through that number you will be able to make your contributions to the UK social security system. Do not let anyone else use your national insurance number.
The UK social security system is based on all taxes and national insurance contributions, made by workers and employers.

 

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