The Spring Budget 2024

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.

  

Solution Properties

Solution ID
240306160510803
Last Modified Date
Fri Mar 28 09:08:51 UTC 2025
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