National Insurance changes: What UK tax cut means for Preston workers' NI contributions - how much better (or worse) off will you be?
£50,000: you will pay £4,958.64 As National Insurance is paid on commission or bonuses, overtime, sick pay, maternity, paternity and adoption pay, as well as salary, the above figures may be different from what you actually pay.If you’re self-employed the amount of profit you can earn before you pay National Insurance contributions is also increasing.
You can find out more information about this change and other important changes, which will tell you how you’ll pay National Insurance contributionsAlong with the changes to National Insurance contributions, the government has so far announced three major packages of support to help people struggling to afford rocketing food prices, energy bills and fuel costs.
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