National Insurance Thresholds


Increase in National Insurance Thresholds from July 2022

As part of the Spring Statement 2022, the UK government announced an increase in National Insurance thresholds affecting the 2022 to 2023 tax year. For employers, the threshold changes will take effect from July 6 meaning employees will pay National Insurance contributions on less of their income.

The Primary threshold from July 6, 2022 to April 5, 2023 will be £242 per week and £1,048 per month, equivalent to £12,570 per year (increased from £9,880 per year).

See the guidance Rates and thresholds for employers 2022 to 2023, ‘Class 1 National Insurance thresholds’ for further information.

National Insurance, Thresholds, Payroll, Wages
The National Insurance lower profits limit for self-employed people is also increasing in line with the changes for employees. The annual lower profits limit will be set to £11,908 for 2022 to 2023. This is equivalent to 13 weeks of the threshold at £9,880 and 39 weeks at £12,570, mirroring the position for employees.
Self-employed people will also no longer be required to pay Class 2 National Insurance contributions on profits between the Small Profits threshold (£6,725) and Lower Profits limit (£11,908), but still be able to build National Insurance credits.
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