With National Insurance (NI) thresholds set to change from 1 April, businesses across the UK are being encouraged to assess how the adjustments will impact their payroll costs. Employers and employees alike may see shifts in their contributions, making it essential to plan ahead.
To support businesses in navigating these changes, the National Body Repair Association (NBRA) has launched a National Insurance Calculator. This tool, available to both members and non-members, provides a quick and straightforward way to estimate current NI contributions and understand the financial impact of the upcoming reforms.
The changes come as part of wider government adjustments to tax and employment policies, which could have significant implications for payroll budgets. Employers are advised to take proactive steps to ensure compliance and manage their costs effectively.
Access the NBRA NI Calculator here.
While the calculator offers a useful estimate, it is intended as a guide only and does not constitute financial or legal advice. For the most accurate calculations, businesses are encouraged to seek professional guidance from an accountant or HMRC.
With just weeks until the changes take effect, now is the time for businesses to review their payroll strategies and take control of their costs.
