Announcements for Payroll and OTL can now be found in the Announcements - Payroll and OTL - EBS (MOSC) subcategory. Follow to be sure you don't miss a thing!
Will there be a patch for UK NI change due on the 6th November?
General description of the measure
This measure will repeal the Health and Social Care Levy Act 2021.
This has 2 consequences. First, this measure will reduce the main and additional rates of Class 1, Class 1A, Class 1B and Class 4 NICs from 6 November 2022, in effect removing the temporary 1.25 percentage point increase legislated in section 5 of the Health and Social Care Levy Act 2021 for the remainder of the 2022-23 tax year.
0