I am trying to do a salaries forecast from April 2011 onwards and need to know the new NI thresholds.
The Employee and Employer rates are increasing to 12% and 13.8% respectively from April 2011.
From my understanding the Primary threshold for employees is increasing by £570 from April 2011.
As far as Employer NI is concerned I keep on seeing the following statement everywhere:
"the threshold at which employers start to pay National Insurance will be raised by £21 per week above indexation in April 2011 " ???
What is the new threshold above which Employers start paying the Secondary NI?
I should be grateful if someone can please guide me.