2024/24 National Insurance Rates. The rate of employee class 1 national insurance for 2024/25 is 8%. For rates used between 6 april 2023 and 5 march 2024, please refer to the class 1 national insurance for employees and employers section.
12 march 2024 — see all updates. This applies to ni charged between the primary.
Read The Hmrc Article Changes To National Insurance Contributions.
On 6 january 2024, class 1 national insurance contributions (nics) are to be lowered from 12% to 10%.
In A Move That The Treasury Estimates Will Cost £9Bn Per Annum, The Main Class 1 Rate Of Employee Nics Is To Be Cut From 12% To 10%.
From 6 january 2024 all employed individuals liable to pay national insurance contributions, with earnings over.
This Measure Confirms The Main Rate Of Primary Class 1 National Insurance Contributions Will Be Cut By 2 Percentage Points From 10% To 8% From 6 April.
Images References :
Following A 2% Cut In January, National Insurance (Ni) Rates Have Been Further Reduced, Taking Effect From 6Th April 2024.
This measure confirms the main rate of primary class 1 national insurance contributions will be cut by 2 percentage points from 10% to 8% from 6 april.
Autumn Statement 2023 Announced That National Insurance Contribution Thresholds Would Be Frozen At 2023/24 Levels For Tax Year 2024/25.
The starting rate for ni changed from 10% to 8% for 27 million workers on 6 april 2024.
