Tue, 01 Apr 2025

Tue, 01 Apr 2025 What is NI and how is it changing?

The amount of National Insurance (NI) paid by employers will rise on 6 April.

* Employers' National Insurance (NI) rate is increasing from 13.8% to 15% in April 2025.
* The NI threshold will decrease from £9,100 to £5,000.
* The employment allowance will increase from £5,000 to £10,500.
* These changes are expected to raise £25 billion a year for the government.
* Millions of people may pay more tax overall due to previous decisions not to increase tax thresholds, despite NI rate cuts.
* Higher earners are likely to be affected by the change in employer NI rates.
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