Budget 2020: Treasury confirms NI threshold increase

Confirming the move in today's Budget, chancellor Rishi Sunak said the move would mean those earning under £9,500 would pay no NI whatsoever, saving 31 million people across the UK up to £104 a year. Aegon pensions director Steven Cameron said: "What's doubly welcome is the confirmation that those taken out of paying NI won't lose out on credits towards their state pension. "Anyone earning above the lower earnings limit, which will increase with inflation from its current level of £6,136 will still be entitled to a year's credit. This is important because people need at least 10 years...