The government has announced that the employers’ NIC threshold will be frozen at £9,100 until April 2028. The following is an extract from the HM Treasury document CP751, entitled Autumn Statement 2022 (para. 5.26), with paragraph spacing added for greater clarity:
“The government will fix the level at which employers start to pay Class 1 Secondary NICs for their employees (the Secondary Threshold) at £9,100 from April 2023 until April 2028.
It is fair that businesses play their part in reducing the UK’s debt.
The Employment Allowance means that 40% of businesses do not pay NICs and will be unaffected by this change, and the largest employers contribute the most.
The government will legislate for this measure in affirmative secondary legislation in early 2023.”