For members with UK-based employees, please note the upcoming changes to National Insurance contributions effective from April 2025.
Key changes include:
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Employer contribution rate increase: rising from 13.8% to 15.0%.
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Secondary threshold reduction: lowered from £9,100 per year to £5,000 per year (the point at which employers start paying NICs on employees’ earnings).
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Employment Allowance increase: rising from £5,000 to £10,500. The current eligibility cap (employer NICs bills of £100,000 or less in the previous tax year) will be removed, making the allowance available to all eligible employers.
In addition, the new National Minimum Wage and National Living Wage rates will take effect from 1 April 2025. Where weekly working hours are known, we will automatically adjust pay in the following pay reference period (covering hours worked from 1 April). If you would prefer the increase to apply from 1 April itself, please let us know when submitting your payroll.
You can find the official rates here: National Minimum Wage and National Living Wage rates – GOV.UK (www.gov.uk)
Current rates
These rates are for the National Living Wage (for those aged 21 and over) and the National Minimum Wage (for those of at least school-leaving age). They change on 1 April every year.
| 21 and over | 18 to 20 | Under 18 | Apprentice | |
| April 2024 (current rate) | £11.44 | £8.60 | £6.40 | £6.40 |
| April 2025 | £12.21 | £10.00 | £7.55 | £7.55 |
Please let us know if you have any queries – office@blcc.co.uk