Self-employed people will be mandated to contribute to the National Insurance and Social Security Scheme as Government has removed certain impediments.
This formed part of the National Insurance and Social Security (Amendment) (No 2) Bill, 2023, which was debated in the House of Assembly yesterday.
Minister of Labour, Social Security and the Third Sector Colin Jordan said one of the “significant impediments to engagement” in the National Insurance Scheme (NIS) for the self-employed was “the difficulty posed by the structure”.
He pointed out that many self-employed people refused to join the Scheme because they did not enjoy certain benefits, or claimed it was unaffordable primarily because they were subjected to very rigid payment rules and arrangements which many could not meet. (GC)