Estimate How The National Insurance Contributions Changes Will Affect You

6th July 2022

From 6 July 2022, as an employee you will be able to earn more before you start paying National Insurance. This means you may pay less tax, after accounting for the recent Health and Social Care Levy.

If you're self-employed the amount of profit you can earn before you pay National Insurance contributions is also increasing.

you're not liable to pay the main rate of UK Class 1 National Insurance contributions at the standard rate on your earnings or profits — for example:
you’re over state pension age
you’re self-employed
you pay the reduced rate
you work outside the UK
you have either more than one employer or you’re not evenly paid all of your earnings in a monthly payment (or both) — for example:
you get a bonus
you’re paid commission
you’re paid weekly
there is, or will be, a change in your circumstances which affects the amount of UK National Insurance contributions you pay in the period — for example, you get a pay rise or change employers
you’re a director