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Items from month June 2022

How will changes to national insurance affect you?

30

June

How will changes to national insurance affect you?

During the 2022 Spring Statement in March, Chancellor Rishi Sunak announced changes to National Insurance that will come into effect on 6th July this year. National Insurance (NI) is a tax that contributes towards your benefits and pensions, and the amount you pay depends on how much you earn. What are these changes and how will they affect you? We run through the answers in this guide.