New updates to NI and the Health and Social Care Levy
Article ID
new-updates-to-ni-and-the-health-and-social-care-levy
Article Name
New updates to NI and the Health and Social Care Levy
Created Date
27th September 2022
Product
IRIS Payroll Business, IRIS Payroll Professional, IRIS Payrite, IRIS GP Payroll, IRIS Payroll for Accountants, IRIS Payroll Basics, KashFlow Payroll, Earnie, IRIS PAYE-Master
Problem
New updates to NI and the Health and Social Care Levy
Resolution
New updates to NI and the Health and Social Care Levy
Enhancements
We have updated the system with the new National Insurance Contribution rates which are effective from 6 November 2022. This follows the Government’s decision to reverse the 1.25% Health and Social Care Levy added to National Insurance Contributions for the 2022/2023 tax year. For more information, refer to our Legislation site.
You can change the NI Saving rate to 13.8% for employees or 14.53% for directors, if required.
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