18 June 2024

For certainty, we wanted to clarify the rate of Class 1A National Insurance for the 2023 / 2024 tax year is 13.8%.

 It has been highlighted to our advisory service that there is an error within the CGW5 guidance pages on GOV.UK concerning the Class 1A rates for the 2023 / 2024 tax year.

 An example within the guidance specifies the rate of Class 1A for any benefits in kind provided within the 2023 / 2024 tax year is 14.53%. This was the rate to be used for the 2022 / 2023 tax year, following the Health and Social Care Levy, which meant a blended rate to Class 1A of 14.53%.

 We have highlighted this error and expect it to be amended promptly. 

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