The 2021/22 rates and thresholds for national insurance have been confirmed, along with the level of the employment allowance, and the statutory sick pay repayment scheme.
The lower earnings limit will remain at £120 per week (£520 per month, £6,240 per year). Both the primary and secondary thresholds will increase by £1 per week.
For 2021/22, the primary threshold is set at £184 per week (£797 per month, £9,568 per year), while the secondary threshold is set at £170 per week (£737 per month, £8,840 per year).
Upper earnings limit
The upper earnings limit, which remains aligned with the point at which higher rate income tax (in England, Wales and Northern Ireland) becomes payable, increases by £5 per week to £967 per week (£4,189 per month, £50,270 per year).
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