Umbrella Workers’ National Insurance Increase Is Almost Double That Of Regular Workers
The Chancellor will impose an increase in both employers’ and employees’ National Insurance Contributions (NICs), which will take effect from April 6th 2022. The increase being imposed is 1.25 percentage points, meaning the actual rise is about 9% for employers and 10% for employees. For some time, most freelancers working for end clients through an umbrella company have …