New tax cuts worth £6 billion mean that the pay level at which national insurance contributions begin will increase from £9,880 to £12,570. 70% of workers will now pay less National Insurance tax despite the Health and Social Care Levy and 2.2 million people will be lifted out of the bracket for paying NI altogether. This is the largest personal tax cut in a decade and will mean that millions of people working across hundreds of different industries across the UK will now be better off.
Use this government calculator to see how these tax cuts will affect you.
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