Treasury confirms increase in NI threshold

Jonathan Stapleton
clock • 1 min read

The government has confirmed it has increased the National Insurance (NI) threshold from £8,632 to £9,500 from April.

Confirming the move in today's Budget, chancellor Rishi Sunak said the move would mean those earning under £9,500 would pay no NI whatsoever, saving 31 million people across the UK up to £104 a yea...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Range of industry people moves, impact of LDI crisis on DB funding, Citrus appoints Russell Investments

Professional Pensions
clock 14 February 2025 • 1 min read
Sole trustee market growth set for 'persistent slowdown'

Sole trustee market growth set for 'persistent slowdown'

Uptick likely to be seen first, followed by a slowdown in the long-term

Holly Roach
clock 14 February 2025 • 2 min read
News Digest: Teachers' pensions costing taxpayers £1bn a month

News Digest: Teachers' pensions costing taxpayers £1bn a month

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 14 February 2025 • 1 min read
Trustpilot