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National Insurance contributions re-rating 2021-22

Statement made on 16 December 2020

Statement UIN HCWS657

Statement

In line with the approach set out in the Spending Review document on 25 November (CP 330), the Government will use the September Consumer Price 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 Libraries of the House.

Statement from

Treasury

Linked statements

This statement has also been made in the House of Lords

Treasury
National Insurance contributions re-rating 2021-22
Lord Agnew of Oulton
Minister of State
Conservative, Life peer
Statement made 17 December 2020
HLWS669
Lords