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Tax Tax

Increase the National Insurance threshold to £9,500 in 2020

Last updated 3 years ago

We will raise the National Insurance threshold to £9,500 next year – representing a tax cut for 31 million workers.

Conservative Party Manifesto 2019, p.15

Our verdict

  • This is a promise to raise the earnings threshold at which workers are required to pay National Insurance Contributions, up from £8,632 in 2019 to £9,500 in 2020.
  • The March 2020 Budget introduced this change, raising the threshold to £9,500.
  • The National Insurance Contributions threshold has been raised, as promised, so this policy is ‘done’.

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