Spring Budget 2424: 27million workers are in line for a £450 wage boost thanks to a fresh National Insurance cut
The change means that someone earning an average salary of £35,000 will save more than £448.60 a year.The legislation was brought it after the Budget to enable the cut to come in from April 6 - the start of the new tax year.My secret to 'turbo-charge' £900 tax cut into £53k and you won’t even notice
Although it's important to note that you may not see the boost until May, depending on when you get paid.Two million self-employed people will also see the main rate of National Insurance slashed from 8% to 6%, working out at an average saving of £350 a year.National Insurance is a tax on your earnings that goes towards state benefits like state pension, statutory sick pay, maternity leave and unemployment benefits.
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