It was announced in the budget today that from April the employer’s National Insurance contributions will be increased from 13.8% to 15%.  It was also announced that the secondary threshold is reducing from £9100 per year to £5000.

There are several new National Insurance categories to be introduced from this April, most are related to the new freeports but there is also one for qualifying veterans. All of the new categories carry relief for employer’s National Insurance contributions.

National Insurance for Directors is classed differently from that of employees. There are two methods which can be used for Directors National Insurance namely Cumulative (or Directors) and Table Method (or alternative).