Policy paper

Reversal of the Health and Social Care Levy and in-year reductions for National Insurance contributions rates

This tax information and impact note is about reducing the increase to National Insurance contribution rates for the 2022 to 2023 tax year, and the reversal of the Health and Social Care Levy.

Documents

Details

This measure will reduce the main and additional rates of Class 1, Class 1A, Class 1B and Class 4 National Insurance contributions from 6 November 2022. It will remove the temporary 1.25 percentage point increase for the remainder of the 2022 to 2023 tax year.

This measure will also repeal the Health and Social Care Levy Act 2021. As a consequence, the 1.25% Health and Social Care Levy will not come into force from 6 April 2023 as previously planned.

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Updates to this page

Published 23 September 2022

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