National Insurance cut calculator - find out how your wages will change this weekend

manchestereveningnews.co.uk:

Cuts to national insurance will see millions of workers earn more money on their paycheck, according to the government. From Saturday, January 6, the main rate of National Insurance will drop from 12 per cent to 10 per cent.

During his autumn statement, Chancellor Jeremy Hunt claimed this would save the average worker on a £35,400 yearly wage £450 in the following tax year.

However, not all workers will benefit in the same way. Some workers who have previously not paid National Insurance may be roped into losing some of their wage due to the payment threshold remaining frozen until 2028. Try MEN Premium now with our amazing New Year offer...

just click here to give it a go While announcing the tax cut in the Autumn Statement, Mr Hunt said: "I would normally bring in a measure like this for the start of the new tax year in April, but instead, tomorrow I’m introducing urgent legislation to bring it in from 6 January, so that people can see the benefit in their payslips at the start of the new year." To find out how your personal wage will be affected, our budget calculator ill tell you how much your contributing to National Insurance now, what you will contribute next year, and how much you'll save a year.