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Spring Statement: Chancellor raises National Insurance threshold by £3,000

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Chancellor Rishi Sunak has announced the National Insurance threshold will be raised by £3,000 to £12,570.

Delivering his Spring Statement, Mr Sunak said he was increasing the amount to be in line with the income tax threshold. He said it would help both workers and employers.

Read more about the Spring Statement announcements here: https://news.sky.com/story/spring-statement-latest-rishi-sunak-to-unveil-mini-budget-as-he-hints-he-will-help-britons-with-the-cost-of-living-crisis-12572642

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