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Levi Winchester & Sonia Sharma

National Insurance change in July - calculator shows how much money you will get

Changes to your National Insurance contributions are coming into force in July - and millions of people will get a pay rise. On July 6, the threshold for when you start to pay NI will go up from £9,880 to £12,570.

As a result, around two million low-income workers will pay no National Insurance at all, while millions more will see their tax bill reduced. The amount of extra money you get will depend on how much you earn.

The rate at which you pay contributions was raised by 1.25 percentage points in April. This meant millions more people saw their NI bill rise at the start of the new tax year, reports The Mirror.

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