National Insurance The spring statement increases the annual national insurance primary threshold and lower profits limit from £9,880 to £12,570. This will align with the income tax personal allowance. Meaning individuals are now able to earn £12,570 without needing to pay any tax or national insurance. The...

In the first part of the budget announcement for recovery, the government announced that they have no plans on raising income tax, national insurance, or VAT. Capital Gains Tax has also gone unchanged for the upcoming tax year....