Tag: NIC

NIC Thresholds and Definitions

Written by Tony Shackleford on March 7, 2025.

Lower earnings level This is the point at which employees are credited with their ‘Stamp’ – effectively paying employees NIC at 0%. The threshold for 2025/26 is £542 per month or...

lower earnings limit, NIC, NIC desription, NIC thresholds, primary threshold, Secondary threshold

Chancellors Mini Budget

Written by Tony Shackleford on September 22, 2022.

In today’s announcement by the Chancellor, the increase in NIC rates, which came into effect on 6 April 2022, is going to be cancelled from 6 November 2022 Additionally the increase of 1.25%...

Mini budget, NIC

National Insurance Changes

Written by Tony Shackleford on March 25, 2022.

The Chancellor’s Spring Statement announced a significant change to the charging of employees National Insurance Cotnributions (NIC). The change takes place in July 2022 and it aligns the nil...

National Insurance, NIC

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Tag: NIC

NIC Thresholds and Definitions

Chancellors Mini Budget

National Insurance Changes