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The Spring Budget 2024

Created on  | Last modified on 

Summary

An update on the changes announced and how they affect Sage payroll.

Description

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

Reduced Rate NI categories will also be reduced from 3.85% to 1.85%.

There were no other changes affecting Sage Payroll.

 NOTE: For more information read the HMRC article Spring Budget 2024 (opens in new tab) >


What you need to do

Whenever there are changes in legislation, we do all the updating for you.

There is nothing you need to do yourself within your program.