Reversal of National Insurance Increase takes effect

Since the November 2022, the 1.25% point cut to National Insurance rates for employees and employers takes effect across the UK.

  • The reversal of April’s rise in National Insurance takes effect across the UK from today
  • Added to July’s increase in National Insurance thresholds, almost 30 million people will be £500 better off on average next year
  • Most employees will start to receive this tax cut directly through payroll between November and February

The tax cut was announced by the government on 22 September, as part of the reversal of the Health and Social Care Levy.

Working people across the UK will begin receiving the tax cut in their payslips this month, with all expected to have started receiving it by February.

The move to reverse April National Insurance increase follows the rise in National Insurance thresholds in July. As a result of both measures, working people will be £500 better off, on average, next year.

Funding for health and social care services will be maintained at the same level as if the levy were in place.

It takes effect in all parts of the UK and means working people will keep more of the money they earn.

3rd National Insurance change confirmed for 6th November 2022

November 2022 NI change – Drop the message

Reversal of the Health and Social Care Levy

Tax year 2022/2023 resources

IReeN.UK 5/12/2022 (based on an article by PAYadvice.UK.

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