Teacher Salaries 2024/24. You will pay 8% class 1 nic on your director’s salary above. However, the gap could narrow to just 16p from 1 april next year for the period until the 2024 pay deal is agreed.
The typical teacher on £44,300 will be better off by over £1,270; The rate of employee class 1 national insurance for 2024/25 is 8%.
The Typical Teacher On £44,300 Will Be Better Off By Over £1,270;
It was cut from 10% in the spring budget 2024.
$5,092 Plus 32.5C For Each $1 Over $45,000.
19c for each $1 over $18,200.
Until The Pay Deal Is.
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The Figures Are Based On Expectations That Staff Will Receive A Pay Increase Of 3.5% When The Government Announces The Latest Round Of Pay Increases In Summer 2024.
For the 2024/25 tax year this is £758 a month or £9,096 per annum.
The Rate Of Employee Class 1 National Insurance For 2024/25 Is 8%.
19c for each $1 over $18,200.
You Will Pay 8% Class 1 Nic On Your Director’s Salary Above.
