UK Payroll Legislative National Insurance rise to be reversed in November 2022
Summary: The UK Government have announced that the April 1.25% rise in National Insurance will be reversed from 6 November. When will this legislative change be applied? Will it be included in the QPB or require additional patch and when will this be applied?
Content (required): The UK Government have announced that the April 1.25% rise in National Insurance will be reversed from 6 November. When will this legislative change be applied? Will it be included in the QPB or require additional patch and when will this be applied?
HMRC have said they will be directing employees to their employers to correct any overpaid NICs in the first instance. So we need this to be in before we run November Payroll to avoid having to manually calculate everyone!