The 1.25 percentage point rise was introduced under former chancellor Rishi Sunak, but during the Tory leadership race Liz Truss pledged to change it. Use our calculator below to see how the change affects you: The Treasury said most workers will receive a cut of their National Insurance contribution directly through their employer’s payroll in their November wages, although some may be delayed until December or January. It has been estimated that almost 28 million people will keep an extra £330 of their money on average next year, while 920,000 businesses are set to save almost £10,000 on average next year thanks to the change.
