Policy paper

National Insurance Contributions (Increase of Thresholds) Bill

Draft legislation on National Insurance Contributions (Increase of Thresholds)

This was published under the 2019 to 2022 Johnson Conservative government

Documents

Draft legislation: National Insurance Contributions (Increase of Thresholds) Bill

Request an accessible format.
If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email different.format@hmrc.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Explanatory notes National Insurance contributions (increase of thresholds) Bill

Request an accessible format.
If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email different.format@hmrc.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Delegated powers memorandum: National Insurance contributions (increase of thresholds) Bill

Request an accessible format.
If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email different.format@hmrc.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Details

This measure will increase the Primary Threshold (PT) for Class 1 NICs and Lower Profits Limit (LPL) for Class 4 National Insurance contributions (NICs) from 6 July 2022, aligning it with the Personal Allowance for Income Tax which is set at £12,570 per annum up to April 2026.

This measure will also mean that no one earning between the Small Profits Threshold (SPT) and the LPL will pay any Class 2 NICs. This will ensure that those earning between these thresholds will not pay Class 2, but will maintain their eligibility to contributory benefits and build entitlement to the State Pension.

Updates to this page

Published 23 March 2022
Last updated 24 March 2022 + show all updates
  1. The National Insurance contributions (increase of thresholds) Bill has been added.

  2. First published.

Sign up for emails or print this page