Increase to National Insurance thresholds from 6 July 2022

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From 6 July 2022, National Insurance thresholds are increasing. This means employees should pay LESS National Insurance on their earnings.

On 23 March 2022 in the Spring Statement 2022, the UK government announced an increase in National Insurance (NI) thresholds affecting the 2022 to 2023 tax year. These changes will take effect from 6 July 2022, therefore for any salary payments made to employees on or after this date, employees should pay less NI, after accounting for the Health and Social Care Levy of 1.25% which came into effect from April 2022.

The Primary threshold (the point at which employees pay NI) from 6 July 2022 to 5 April 2023 will be £242 per week and £1,048 per month, equivalent to £12,570 per year (increased from £9,880 per year). For more information please go to the Gov.uk website. Please note there is no change to the Secondary threshold (the point employers pay NI) so employer NI costs will not change. 

The government have published an online tool to help employees estimate how these changes will impact them.

A message has been added to July’s payslip advising of the changes so all staff should be aware. However if any of your team do not have access to Bradnet, please share this message with them.

Queries

If you have any queries about this, please contact your desgnated payroll offficer or the Payroll team on 01274 432424 or by email - Payroll-ExternalTeam@bradford.gov.uk


Information

Published: 04/07/2022
Audience: Headteachers, School Business Managers,
Contact: Donna Jones

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