Increase in NI Employment Allowance

The government has announced an increase in the NI Employment Allowanced from £4,000 to £5,000 from April 2022. The allowance enables entitled employers to reduce their NI liability and was first introduced in April 2014.

NI is also set to increase by 1.25 percentage points from April 2022. The increase in NI is to help fund NHS, health and social care.