Health and Social Care Levy – National Insurance Tax Rise

From April 2022, employees, employers and the self-employed will pay 1.25p more per pound, the MirrorOnline reports.

Average workers can expect to pay an extra £225 a year in taxes, whereas an employee on a 20,000 year salary will pay an extra £130.

Higher income earners on 50,000 per year would pay an extra £505.

People earning under £9,564 year, or £797 a month, don’t have to pay National insurance and wont have to pay the new levy.

Adults over the state pension age will pay the 1.25% levy.

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