In the Chancellor's annual Spring Statement speech he announced that the Employment Allowance will be increased by £1,000 from 6 April 2022 to £5,000.
This Platinum update makes the necessary adjustments to the
- The Chancellor also announced that there will be an increase to the National Insurance Primary Threshold for Class 1 NICs from 6 July 2022. There will be a further Platinum update later in the year to make the necessary adjustments in the
- "Payroll"module. Be sure to look out for it nearer the time. It will be announced on Platinum Updates news when ready.