National Insurance Rates 2021/22
Posted 17th February 2021
This blog refers to SBS Budgets, our budget management software accessed anywhere via SBS Online.
The National Insurance rates for 2021/22 have now been released by the HMRC.As in previous years, the employer contribution rate of 13.8% has remained the same. The thresholds have increased slightly, meaning the new National Insurance table looks like this:
|Age bracket||Weekly Earning (£)||Yearly Earnings (£)||Rate (%)|
|21 or over||⩽170||⩽8840||0|