The Chancellor announced a reduction of employee National Insurance (NI) from 10% to 8%, to take effect from 6 April 2024.

Reduced Rate NI categories changed from 3.85% to 1.85%.

There are no other changes that affect Sage 50 Payroll.

 NOTE: For more details on the Spring Budget 2024, visit Gov.uk >

What you need to do

Install the latest version of Sage 50 Payroll to keep the legislation in your software up to date. To update your software, visit our download and install Sage 50 Payroll guide.