1.25 National Insurance Increase Calculator
1.25 National Insurance Increase Calculator . British prime minister boris johnson has announced a 1.25% increase in national insurance from april 2022 to address the funding crisis in the health and social care. The rate on earnings over this amount will also rise from 2% to 3.25%. from venturebeat.com The spring statement decision to raise the threshold at which people pay. My employer has taken the 1.25% national insurance increase off my march pay, paid to me tomorrow on the 5th april, one day before this increase is supposed to come into effect. The threshold at which workers start paying national insurance contributions will increase to £12,570 in july, bringing it in line with when people start to pay income tax.