National Insurance for under 21 changes

If you employ anyone under 21 years old you will no longer have to pay Class 1 secondary National Insurance contributions on earnings up to the new Upper Secondary Threshold (UST) £815.00 per week, for those employees.

This comes into effect from 6 April 2015.

•  New Category 'I' - Contracted-out Salary Related standard rate contributions for under 21 years age (Similar to D category earlier)
•  New Category 'M' - Not contracted-out standard rate contributions for under 21 years age (Similar to A category earlier)