FastTrack UK 2022 Mid Year National Insurance Rate Update

On the 22nd September 2022, the UK government announced that the National Insurance Rate increase of 1.25% from 6 April 2022 will be reversed from 6 November 2022. From the 6 November the following rates will apply:

NI Category Letter	Earnings below LEL	Earnings at or above LEL up to and including PT	Earnings above PT up to and including UEL	Balance of earnings above UEL	Earnings below LEL	Earnings above LEL up to and including ST	Earnings above ST up to and including FUST	Earnings above ST up to and including UST/AUST/VUST	Balance of earnings above UST/AUST/VUST

NI Category Letter	Earnings below LEL	Earnings at or above LEL up to and including PT	Earnings above PT up to and including UEL	Balance of earnings above UEL	Earnings below LEL	Earnings above LEL up to and including ST	Earnings above ST up to and including FUST	Earnings above ST up to and including UST/AUST/VUST	Balance of earnings above UST/AUST/VUST
Class 1 Employee’s Contributions					Class 1 Employer’s Contributions
A	NIL	0%	12%	2%	NIL	0%	13.8%	13.8%	13.8%
B	NIL	0%	5.85%	2%	NIL	0%	13.8%	13.8%	13.8%
C	NIL	0%	0%	0%	NIL	0%	13.8%	13.8%	13.8%
F	NIL	0%	12%	2%	NIL	0%	0%	13.8%	13.8%
H	NIL	0%	12%	2%	NIL	0%	0%	0%	13.8%
I	NIL	0%	5.85%	2%	NIL	0%	0%	13.8%	13.8%
J	NIL	0%	2%	2%	NIL	0%	13.8%	13.8%	13.8%
L	NIL	0%	2%	2%	NIL	0%	0%	13.8%	13.8%
M	NIL	0%	12%	2%	NIL	0%	0%	0%	13.8%
S	NIL	0%	0%	0%	NIL	0%	0%	13.8%	13.8%
V	NIL	0%	12%	2%	NIL	0%	0%	0%	13.8%
Z	NIL	0%	2%	2%	NIL	0%	0%	0%	13.8%

A member of the FastTrack team will be contact with you to arrange an appropriate date for FastTrack to apply the rate changes on your behalf.

After your software has been updated, if you have applied the temporary payslip message that HMRC requested to be displayed to explain the NIC uplift from 6 April 2022, will need to be removed. Please refer to the original instruction on where this message is applied to then remove it.