In November 2023, the government announced changes to employee National Insurance calculation in their Autumn Statement.
From January 2024 onwards, employee National Insurance will fall from 12% to 10% for all monthly earnings between £1048 and £4189. This will result in an increase in net pay for all employees who pay National Insurance.
Employee National Insurance will remain at 2% for any earnings above £4189 per month.
There are no changes to employer National Insurance.
