Government sets NI thresholds for 2020/21

The government has set out the National Insurance thresholds for 2020/21, with the level at which taxpayers start to pay NICs rising by more than 10 per cent to £9,500 per year for both employed and self-employed people (currently £8,632).

All the other thresholds for 2020/21 will rise with inflation, except for the upper NICs thresholds which will remain frozen at £50,000, as announced at Budget 2018.

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