Increase the National Insurance threshold to £9,500 in 2020
Last updated 3 years ago
Conservative Party Manifesto 2019, p.15We will raise the National Insurance threshold to £9,500 next year – representing a tax cut for 31 million workers.
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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