How national insurance payments will change

On £20,000 income

£1,252

Current national insurance payment

£1,382

+£130 on new 1.25

percentage point increase

On £40,000 income

£3,652

£4,032

+£380

On £60,000 income

£5,079

£5,709

+£630

£0

2,000

4,000

On £20,000 income

£1,252

Current national insurance payment

£1,382

+£130 on new 1.25 percentage point increase

On £40,000 income

£3,652

£4,032

+£380

On £60,000 income

£5,079

£5,709

+£630

£0

1,000

2,000

3,000

4,000

5,000