NIC

(redirected from National insurance contributions)
Also found in: Dictionary, Thesaurus, Medical, Legal, Financial, Acronyms.

NIC

(networking)

NIC

(hardware)
This article is provided by FOLDOC - Free Online Dictionary of Computing (foldoc.org)

NIC

Abbr. for “not in the contract.”

noise isolation class (NIC)

A single-number rating derived from measured values of noise reduction between two enclosed spaces that are connected by one or more paths.
McGraw-Hill Dictionary of Architecture and Construction. Copyright © 2003 by McGraw-Hill Companies, Inc.

NIC

(1) (Network Interface Card) See network adapter. See also InterNIC.

(2) (New Internet Computer) An earlier Linux-based computer from The New Internet Computer Company (NICC), Palo Alto, CA. The NIC was a pure Web appliance without disk drives, and the OS, Java Virtual Machine and browser all resided on a CD-ROM. An Internet storage service was required to save files, but bookmarks were saved in flash memory. For email, a Web-based service was required. Co-founded in 2000 by Oracle magnate Larry Ellison, the NIC was a new incarnation of the network computer, but it never caught on. See network computer and Internet appliance.


The NIC
The Linux-based New Internet Computer was a pure Web appliance introduced in 2000 at USD $199 sans monitor. Without drives, files had to be stored on an Internet storage service. (Image courtesy of The New Internet Computer Company.)
Copyright © 1981-2019 by The Computer Language Company Inc. All Rights reserved. THIS DEFINITION IS FOR PERSONAL USE ONLY. All other reproduction is strictly prohibited without permission from the publisher.
References in periodicals archive ?
"Workers are having money deducted for both employers' and employees' national insurance contributions. eir holiday pay is being rolled up in their rate, which means they are unpaid when they take leave.
a person who does not qualify for the Employment and Support Allowance can protect his/her national insurance contribution record by continuing to claim limited capability for work credits.
The changes to national insurance contributions announced by the Labour Government remain which mean that from 6 April 2011 the main rates of Class 1 and Class 4 NIC will increase by 1 per cent to 12 per cent and 9 per cent respectively, although there are some savings resulting from the increase to the primary threshold (also previously announced by Labour).
Not paying National Insurance contributions on the fearless fighters' salaries meant discrimination under the Human Rights Act.
That year I paid self- employed National Insurance contributions.
Written by Alison Chapman, a partner at Deloitte and Touche, the book reveals that drivers currently driving 18,000 miles or more a year are likely to be the major losers under the new regime, it argues that it may make sense for high-mileage drivers to trade in their company cars for private vehicles after 2002, since they could then reclaim business mileage under the fixed-profit car scheme, free of tax and national insurance contributions. www.butterworths.co.uk
A Possibly, if between the ages of 17-22 you earned over the minimum threshold to pay National Insurance contributions. The best way to find out is to request a state pension forecast on 0845 300 0168 as HMRC will have a full record of your NI contribution history.
Employment expert Sally Morris says the new rules will leave firms facing hefty National Insurance contributions - adding to the cash burden for many hardpressed smaller firms.
DEVOLVING power over national insurance contributions to the Welsh Government could be more productive than giving it income tax varying powers, according to a leading Labour AM.
Many years ago, when I started working (in the private sector) I was told that my National Insurance contributions would ensure I would be looked after if I took ill, would help me out between jobs and, more importantly, keep me comfortable in my old age.
From the remaining pounds 8.80 the proprietor must pay rent, wages, employer's National Insurance contributions, business rates, water bills, insurance (plus 7.5% insurance tax), gas and electricity (plus 5% energy tax), accountant's fees (plus more VAT) and only then the ingredients for Mr Paul's sandwich - the price of which has been forced upwards by the devaluation of the pound relative to other currencies.
He said: "These are tough choices that are being taken and I certainly feel that a hike in National Insurance contributions would be hugely damaging for the economy, at a time when job creation and job preservation must be high on everyone's agenda.

Encyclopedia browser ?
Full browser ?