HMRC have released a tool in preparation of the upcoming NI threshold changes. The threshold is increasing so that it is in line with the personal tax allowance - £12,570.
This means that employees can now earn more before they start paying NI contributions.
Please see the link below to use the new tool and calculate how much National Insurance you'll be predicted to pay up until the next tax year.
If you need any advice or you'd like to change your salary based on the NI change, please get in touch with us.
You can contact us either by using our online form, calling us on 0191 250 2110 or emailing us on enquiries@awsaccountancy.com