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The Tax Practice

  • UK NATIONAL INSURANCE CUTS: WHAT DOES IT MEAN FOR YOU?

    UK National Insurance Savings: What does it mean for you?

    The Tax Practice|Financial|27th January 2024|

    How the New NI Rates Affect Your Take-Home Pay From 6th January 2024 around 27 million employees pay 10% National Insurance (NI) contributions on income between £12,571 and £50,270. This is down from an NI rate of 12%. In general terms, the savings are as follows: Salary [...]

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