Social Security Limit 2024 Uk. Social security payments are termed 'national insurance contributions' (nics) in the united kingdom. These are payable by employers, employees, and those that.
The limit for 2023 and 2024 is $25,000 if you are a single filer, head of household or qualifying widow or widower with a dependent child. From 6 january 2024 onwards, the main employee rate of national insurance contributions was cut from 12% to 10% and, from 2024, the main rate of class 4 nics for the self.