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Daily Mirror
Daily Mirror
Politics
Harry Thompson

What’s the National Insurance threshold? Contribution increase from April 2022 explained

Chancellor R ishi Sunak has announced today, March 23, his Spring Statement - a ‘mini-budget’ that dictates the government spending plan moving forward.

Sunak has come under enormous pressure due to the heightening cost of living crisis, which sees hard-up families being forced to the wire by hikes in everything from food to heating.

The new financial plan sets out a number of changes including a 5p drop in fuel duty, a 1p on the pound drop in income tax by 2024 and VAT cuts to green energy technology like solar panels and heat pumps,

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