Employees, employers and the self-employed will all pay 1.25p more in National Insurance (NI) for every pound they earn from April 2022. A new rise in National Insurance will see employers, employees and the self employed pay an extra 1.25p in National insurance for every £1 they earn from April. This means that an employee earning £20,000 a year will pay an additional £130 while those earning a £50,000 per year salary will have to pay an extra £505. This will not apply to th

Employers in the private sector are required to auto-enroll their eligible employees into the company’s defined-contribution workplace pension scheme. There are no updates in criteria from the previous tax year. Employers must enrol all employees who earn over £10,000 per year and are aged over 22 and under the state pension age. Employers are to pay a minimum of 3% of the employee’s qualifying earnings into their workplace pension scheme. They must also deduct 5% from their