Scrapping of the Health and Social Care Levy
The rate at which National Insurance Contributions (NICs) are deducted was increased by 1.25% in April 2022 to fund health and social care. The Government has announced that this will cease from 6 November 2022.
The Chancellor, in his statement on 23 September 2022 also announced that the ‘Health and Social Care Levy’, due to begin in April 2023, is to be scrapped.
An update to Payroll Manager was published on 10 October 2022 to implement these changes