Our system has now been updated and is capable of calculating the NI changes announced in the Spring Statement 2022. For any payment made for on and after 6 July 2022 the Primary Threshold for National Insurance will be applied as shown below.
Earnings Limit | Weekly | Monthly | Yearly |
---|---|---|---|
Primary Threshold (PT) (6 April 2022 - 5 July 2022) |
£ 190 | £ 823 | £ 9,880 |
Primary Threshold (PT) (6 July 2022 - 5 April 2023) |
£ 242 | £ 1,048 | £ 12,570 |
Directors (For the whole tax year) |
£ 229 | £ 11,908 |
Click here for more information
Thank you for your attention,
Regards
Support Team