Incredible 31millions workers to get £104 added to salary next week
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mirror.co.ukAround 31 million Brits will get a tax cut worth an average of more than £100 a year in their next pay cheque. That's because, from April, you won't pay the National Insurance Contributions on the first £9,500 of your earnings - up from £8,632 at the moment.
It means almost all employees earning more than that will see their tax cut by £104 a year, while self-employed people will pay £78 less.
Steven Cameron, Aegon pensions director, said: “Confirmation that the Government is increasing the threshold for when National Insurance becomes payable to £9,500 is good news, saving 31 million people across the UK up to £104 a year.
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