National Insurance Rates January 2024
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In january 2024, uk national insurance rates will change. The biggest change is the reduction of the main employee ni rate on ni category a, from 12% to 10%.
National Insurance Contribution (Nic) Changes Coming Into Effect From 6 January 2024.
From 6 january 2024, class 1 employee national insurance contributions (nics) will be cut from 12% to 10%.
Use This Table To Determine Employer National Insurance Rates For 2023/24 Uk (Effective From 6 January 2024).
The full rundown of national insurance rates and thresholds effective of 6th april 2024 are as follows:
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What Are The New National Insurance Rates?
Multiply any earnings above the threshold by the.
From January 2024, The Main Rate Of Class 1 Ni Paid By Employees Will Drop From 12% To 10%.
The australian bureau of statistics measure of consumer prices for may showed a rise in annual headline inflation from 3.6 back to 4 per cent.