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National Insurance Contributions Re-rating 2021-22

Volume 686: debated on Wednesday 16 December 2020

In line with the approach set out in the spending review document on 25 November (CP 330), the Government will use the September consumer prices index (CPI) figure (0.5%) as the basis for setting all national insurance limits and thresholds, and the rates of class 2 and class 3 national insurance contributions, for 2021-22. A table of these 2021-22 national insurance rates and thresholds will be placed in the Library of both Houses.