SJB & Co Chartered Accountants

National Insurance

National Insurance Contributions. New Employee Contribution Rates from 6 January 2024

National Insurance Contributions. New Employee Contribution rates from 6 January 2024. It was announced at the time of the Autumn 2023 Statement that the main rate of primary Class 1 National Insurance contributions payable by employees is to be reduced from 12% to 10% with effect from 6 January 2024. Employers will need to update […]

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Are your NIC contributions up to date? Check your state pension entitlement.

Are your NIC contributions up to date?  Check your state pension entitlement. Entitlement to the state pension and other contributory benefits depends on your National Insurance record. If you do not have sufficient qualifying years, you will not receive the full state pension. However, you can make voluntary contributions to top up your record. Key

Are your NIC contributions up to date? Check your state pension entitlement. Read More »