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Wales Online
Wales Online
National
Levi Winchester & Elaine Blackburne

National Insurance rise to kick in tomorrow - this is what it will mean for you

The warned increase in National Insurance payments comes into effect on Wednesday. This will be another blow to workers already facing mounting bills as the cost of living continues to rise.

There will be some relief for people as the amount where people will start paying the tax will rise twice within a few months. Under plans announced by the government it will go up from the current threshold of £9,568 a year both tomorrow and again in July.

From tomorrow the annual amount someone can earn before they have to pay National Insurance will increase to £9,880. From July 6 there will be another rise taking the threshold to £12,570.

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