This is not exactly true. UK Gov are considering reforming the Income tax basis period and if changed in the way that they are currently proposing, some people may be seriously affected.

We’re posed questions like this all the time and after offering sarcastic comments such as, “you could help them pack their bags or offer to take them to the station”, we thought about it seriously. This question raises several issues which need careful consideration and we thought we’d share our thoughts with you, in case you, or someone you know, could benefit too.

From 1 April 2022, there will be a temporary 1.25% increase in Class 1 (employee) and Class 4 (self-employed) national insurance contributions (NIC) paid by workers, as well as a 1.25% increase in Class 1 secondary NIC which is paid by employers; a 2.5% increase overall!