Jeremy Hunt Jeremy Hunt

National Insurance cut calculator - find out how your wages will change this weekend

Reading now: 688
www.manchestereveningnews.co.uk

Cuts to national insurance will see millions of workers earn more money on their paycheck, according to the government. From Saturday, January 6, the main rate of National Insurance will drop from 12 per cent to 10 per cent.

During his autumn statement, Chancellor Jeremy Hunt claimed this would save the average worker on a £35,400 yearly wage £450 in the following tax year.

However, not all workers will benefit in the same way. Some workers who have previously not paid National Insurance may be roped into losing some of their wage due to the payment threshold remaining frozen until 2028. Try MEN Premium now with our amazing New Year offer...

just click here to give it a go While announcing the tax cut in the Autumn Statement, Mr Hunt said: "I would normally bring in a measure like this for the start of the new tax year in April, but instead, tomorrow I’m introducing urgent legislation to bring it in from 6 January, so that people can see the benefit in their payslips at the start of the new year." To find out how your personal wage will be affected, our budget calculator ill tell you how much your contributing to National Insurance now, what you will contribute next year, and how much you'll save a year.

Read more on manchestereveningnews.co.uk
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

Royal Family - Kate Middleton - prince William - Kensington Palace - Charles - Charles Iii - Kate Middleton returns to Windsor after abdominal surgery: ‘Making good progress’ - nypost.com - county Windsor - county Prince William
nypost.com
43%
638
Kate Middleton returns to Windsor after abdominal surgery: ‘Making good progress’
her “planned abdominal surgery.”The Princess of Wales, 42, returned home to Windsor Monday morning, where she will continue to recover behind closed doors until after Easter.The mother-of-three spent a total of 13 days at the London Clinic, before she was whisked away to Adelaide Cottage in Windsor, where she was reunited with Prince William and their three children.“The Princess of Wales has returned home to Windsor to continue her recovery from surgery. She is making good progress,” Kensington Palace said in a statement Monday.“The Prince and Princess wish to say a huge thank you to the entire team at The London Clinic, especially the dedicated nursing staff, for the care they have provided.”William, who had hit the brakes on his official engagements while Kate was in the hospital, is expected to resume his official duties once the Princess settles in back at home.“The Wales family continues to be grateful for the well wishes they have received from around the world,” the statement concluded.Royal sources say Kate’s return to official duties “will depend on medical advice closer to the time.”Since news of Kate’s health woes came to light, Kensington Palace has contacted the Princess’ 30 charities to postpone and reschedule engagements.Kate’s father-in-law, King Charles, remains in the London Clinic this afternoon after being admitted three days ago for treatment of an enlarged prostate.Last week, it was reported that the Princess didn’t tell those close to the royal family about her surgery.Sources told People that the news took Middleton’s loved ones by surprise, especially as “there had been no indication that anything was wrong” with her before her hospitalization on Jan.
DMCA