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National Insurance changes from July 2022
National Insurance changes from July 2022 Although the National Insurance rates and thresholds for 2022/23 had already been set, at the time of the Spring Statement in March 2022, the Chancellor announced increases in the primary threshold which would align the starting po...
Identifying NIC increases on the payslip
Identifying NIC increases on the payslip For 2022/23 only, the rates of Class 1 (employer and employee) National Insurance contributions (NIC) are increased by 1.25 percentage points, along with the rates of Class 1A, Class 1B and Class 4 contributions. The NIC increases a...
National Insurance contributions for 2021/22
National Insurance contributions for 2021/22 The 2020/21 tax year starts on 6 April 2021. From that date, new thresholds apply for National Insurance purposes. Employees and Employers Employees pay primary ...
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