Employers Nic Rates 2024/24

Employers Nic Rates 2024/24. In the 2023 autumn statement, the government said: National insurance contribution (nic) changes coming into effect from 6 january 2024.


Employers Nic Rates 2024/24

From 6 january 2024, class 1 employee national insurance contributions (nics) will be cut from 12% to 10%. Employers class 1b on paye settlement agreements:

Employers Class 1B On Paye Settlement Agreements:

This edition replaces the cwg2 (2023).

For All Pay Runs Dated 06/01/2024 And Later The New Standard Rate Of 3.85% Applies.

The following guidance is for all employers.

From 6 January 2024, Class 1 Employee National Insurance Contributions (Nics) Will Be Cut From 12% To 10%.

Images References :

National Insurance Rates For Employers.

2024 / 2025 employer nic calculator.

England, Northern Ireland, Scotland And Wales.

There is no change to the earning thresholds or employer contributions.

The Following Guidance Is For All Employers.