The Autumn 2024 Budget introduced significant changes that will affect employer National Insurance contributions starting on 6 April 2025
1. Increase in Secondary Class 1 National Insurance Rate: Current Rate: Employers currently pay 13.8% in secondary Class 1 National Insurance contributions on employee earnings above the secondary threshold. New Rate: Starting 6 April 2025, this rate will rise by 1.2 percentage points, from 13.8% to 15%. This is a substantial increase that will impact…
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