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Spring Statement: National Insurance threshold to increase by £3,000

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In the run-up to today’s Spring Statement, Rishi Sunak had faced calls to scrap the upcoming rise in National Insurance contributions (NICs), due to the cost of living crisis. Although this rise was confirmed, he did announce an increase in the National Insurance threshold from July, which means you will be able to keep more of your money before you start paying NICs. Here, Which? explains...

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