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HMRC

National Insurance threshold increases from 6 July

National Insurance threshold increases from 6 July Changes to the National Insurance threshold come into effect from 6 July 2022. During the Spring Statement in March, the Chancellor increased the National Insurance threshold for the 2022/23 tax year. From 6 July, the threshold will increase from £9,880 to £12,570. This brings NICs in line with income

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tax year
Tax Updates

New Tax Year 2022/23

New Tax Year 2022/23 The 2022/23 tax year begins today, 6 April 2022 and ends on 5 April 2023. Each new tax year has the potential to bring an element of change to individual taxes and business taxes. Over the course of the year, Chancellor Rishi Sunak has announced numerous tax updates which take effect

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