Workers are set to get more money in their pay packets from this week - but the amount people will get back depends on how much they already earn. The decision to reverse a rise in National Insurance payments was taken earlier this year to help people with the cost of living crisis.
In April it was announced that in order to try and tackle the care crisis, a 1.25 per cent ‘Health and Social Care Levy’ was to be brought in and this increase would be added to National Insurance contributions. The care crisis has seen elderly people who have complex needs being unable to get the help they need - including residential placements. It also has led to serious problems at hospitals with patients unable to be discharged as they have nowhere suitable to go.
From Sunday (November 6) everyone will get that 1.25 per cent back in their pay packets after it was reversed in September. According to the government, this means that on average people will see about £330 back in their pay over the course of a year.