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Edinburgh Live
Edinburgh Live
World
Linda Howard & Alexander Smail

National Insurance change could mean people lose State Pension credits

National Insurance Insurance ​​Rishi Sunak Helen Morrissey United Kingdom

It was revealed by UK Chancellor of the Exchequer Rishi Sunak in the Spring Statement that the National Insurance Contributions threshold will increase by £3,000 from July.

This means that workers across Scotland and the UK will be able to hold onto more of the money they earn before having to pay tax.

Around 30 million people in work will benefit from the change, with employees saving around £330 this year.

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