National Insurance

Tax and social benefit system in the UK, introduced in 1911

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National Insurance (NI) is a fundamental component of the welfare state in the United Kingdom. It acts as a form of social security, since payment of NI contributions establishes entitlement to certain state benefits for workers and their families.

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'I don't yet know' if govt can cut taxes again after NI reduction, Hunt says Chancellor Jeremy Hunt is unsure if the government can afford further tax cuts - as a National Insurance (NI) reduction comes into force today. Sky News - Published on January 6, 2024
National Insurance to be cut from 12% to 10% - as state pension and Universal Credit to rise National Insurance is to be cut by two percentage points, the chancellor has announced in his autumn statement - as he pledged to "honour the triple lock in full" and increase Universal Credit. Sky News - Published on November 22, 2023
Millions of workers hit by National Insurance hikes from today Millions of workers will begin paying higher National Insurance contributions from today as part of a plan to raise billions for the NHS and social care. Sky News - Published on April 5, 2022

Autumn statement: How does Rishi Sunak's National Insurance change affect you? The Chancellor, Rishi Sunak, has increased the amount you can earn before you start paying National Insurance, from £9,880 to £12,570, when the new rate takes effect in April. Sky News - Published on March 23, 2022