Income tax and national insurance

New and updated

• Type:

  Employment law guide

  Basic pay and benefits

  Updated to reflect the Government's 22 November 2023 announcement on fuel benefit charges.

• Type:

  Employment law guide

  Pay As You Earn

  Updated to reflect the Government's 22 November 2023 announcement on NIC thresholds and rates and veterans and NIC relief.

• Type:

  Quick reference

  National insurance lower earnings limit

  Updated to include the rate of the lower earnings limit for 2023/24.

• Date:

  6 February 2023

  Type:

  Commentary and insights

  Hybrid working and tax: what employers need to know

  The now-defunct Office for Tax Simplification recently highlighted the need for tax policy to be aligned with modern working practices, including hybrid and remote working from overseas. Susan Ball, employment solutions partner at audit, tax and consulting firm RSM UK, looks at what employers need to know from a tax perspective.

• Type:

  Legal timetable

  Rise in national insurance contributions reversed

  The decision to increase national insurance contributions (NICs) by 1.25% is reversed.

• Type:

  Legal timetable

  National insurance primary threshold increases

  Updated to reflect that the National Insurance Contributions (Increase of Thresholds) Act 2022 has received Royal Assent.

• Type:

  Legal timetable

  Employment allowance increases

  The employment allowance increases to £5,000 per year.

• Type:

  Legal timetable

  Lower earnings limit for national insurance contributions increases

  The lower earnings limit for primary Class 1 national insurance contributions increases to £123 per week.

• Type:

  Legal timetable

  Health and social care levy introduced

  Employers and employees are subject to a new tax, known as the health and social care levy.

• Type:

  FAQs

  Do all employers have to use real time information for their PAYE reporting?