Ni From April 2024

Ni From April 2024. For example, the 2023 to 2024 tax year starts on 6 april 2023 and ends on 5 april. There will be some new national insurance rates and thresholds from 6 april 2024.

From 6 april 2024, the combined effect of measures from both fiscal events is that the main rate of class 4 nics will reduce from 9% to 6%, and class 2 nics will. Ni has already been cut twice in 2024, but previous changes to the way tax is calculated mean the amount many people pay overall has risen.