National Insurance Contributions (NICs)
Thresholds and rates (Table E)
No changes to the main NICs rates and thresholds were announced – the Primary Threshold and the Upper Earnings Limit for employee contributions are linked to the personal allowance and the 40% income tax threshold, and are therefore fixed to April 2031. The secondary threshold for employer contributions is fixed at £5,000 to the same date.
The Lower Earnings Limit and Small Profits Threshold, and the rates of Class 2 and Class 3 NIC, will all be increased for 2027/28 in line with inflation at 3.5%.