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NICs: married women’s reduced rate

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The Social Security (Contributions) (Amendment No 2) Regulations, SI 2022/416, temporarily increase the primary class 1 NICs married women’s reduced rate to 7.1% (up from 5.85%) for 2022/23. This reflects the temporary 1.25 percentage point increase in NICs rates introduced in the Health and Social Care Levy Act 2021 before the social care levy is introduced as a separate tax from 6 April 2023.

Issue: 1571
Categories: News