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Pay Changes From April 2022

From April 2022 the rate of National Insurance contributions you pay will change for one year. The amount you contribute will increase by 1.25% which will be spent on the NHS and social care across the UK.

This increase in National Insurance contributions will apply to:

Class 1 (paid by employees)

Class 4 (paid by self-employed)

secondary Class 1, 1A and 1B (paid by employers)

The class you pay depends on your employment status and how much you earn. If you are working age and earn less than the National Insurance Primary Threshold or Lower Profits Limit you will pay nothing.

Employers will only pay on earnings above the Secondary Threshold.

This does not affect those over the State Pension age.

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Updated on Friday, 29 April 2022 289 views