On 23 March 2022, the UK government announced in its Spring Statement 2022 that National Insurance thresholds would increase for the 2022 to 2023 tax year. This means employees and self-employed people will pay National Insurance contributions on less of their income or profits.
For a table on the different types of National Insurance (the amount people pay depends on their employment status and how much they earn) and the updated amounts from 6 July, click here.
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