Greater than two million low-income staff will not pay Nationwide Insurance coverage from now, owing to a change in the best way the tax is collected.
Staff can now earn £12,570 a yr earlier than paying Nationwide Insurance coverage, up from £9,880 a yr beforehand.
Though, in April, the federal government elevated the speed paid – to boost cash to fund well being and social care.
Taken collectively, these adjustments imply staff incomes lower than about £34,000 a