Class 1 National Insurance Thresholds
On 23 March 2022 the UK Government announced at the Spring Statement 2022 an increase in National Insurance thresholds 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.
6 April to 5 July 2022
- £190 per week
- £823 per month
- £9,880 per year
6 July 2022 to 5 April 2023
- £242 per week
- £1,048 per month
- £12,570 per year
Employee Handbook Compliance Package
Is Your Employee Handbook Compliant?
An hour of my time can save MANY hours of your time!
My HR Compliance Package ensures your essential employment documents accurately remain up-to-date with new employment legislation and changes to existing legislation so you avoid complicated situations developing.
Get the Latest Legislation News and My Top Tips delivered straight to your inbox
Let Me Buy You A Coffee!
If you found this helpful and you would like to learn more about how I work with owners of small business who want to improve their HR management, please go here
Tap into and share the Kea world!
Don't forget to add Kea to your social networks and when you read an article that you like share it with your network!