This bill increases the thresholds at which workers and the self-employed start paying National Insurance contributions, aligned with the income tax personal allowance of £12,570.
A Bill to make provision for and in connection with increasing the thresholds at which primary Class 1 contributions, Class 2 contributions and Class 4 contributions become payable.
Status: Act of Parliament
Current House: Unassigned
Stage: Royal Assent
Sponsored by: Rishi Sunak, Baroness Penn
Introduced: 2022-03-24
Royal Assent: 2022-03-31