As per the NI changes announced in the Spring Statement 2022, from 6 July 2022, the Primary Threshold for National Insurance will be increasing. We have updated our Payroll to account for this and your calculations will be automatically adjusted once you reach the 6 July 2022 processing date.
| Earnings Limit |
Weekly |
Monthly |
Yearly |
| Primary Threshold (PT) (6 April 2022 - 5 July 2022) |
£ 190.00 |
£ 823.00 |
£ 9,880.00 |
| Primary Threshold (PT) (6 July 2022 - 5 April 2023) |
£ 242.00 |
£ 1,048.00 |
£ 12,570.00 |
| Directors (For the whole tax year) |
£ 229.00 |
|
£ 11,908.00 |
Click here for more information
Thank you for your attention,
Regards
Support Team