National Insurance: Britons to save extra £30 every month following big tax change | Personal Finance | Finance


Currently, the country is dealing with a 9.1 percent inflation, which is expected to hit 11 percent in the coming months.

Furthemore, the nation’s energy price cap is forecast to reach £3,200 by October which will put further pressure on families.

According to Mr Cameron, with many low income earners no longer needing to pay the levy, more money can be used to pay for essential bills.

He added: “But from July 6, there’s some good news as the lower threshold of earnings on which employees pay National Insurance is increasing which for most will mean a boost in take-home pay of around £30 per month.

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