Tax note on temporary NICs increase for 2022-23

A tax and impact note has been published on the proposed Health and Social Care Levy for England.

This covers the temporary 1.25% increase to National Insurance contribution rates proposed for the 2022-2023 tax year. This becomes a Health and Social Care Levy from the 2023-2024 tax year, and NICs revert to normal rates.

Health and Social Care Levy 

Separately a stakeholder toolkit, including Q and As, has been published to explain the new reforms: Social care reform - Stakeholder folder - Google Drive which are set out in the Government's policy page Build Back Better: Our Plan for Health and Social Care.