axis payroll User Guide Supplement January 2024

5. Class 1 National Insurance Rates From 6th January 2024

5.1 National Insurance Contribution Rates from 6th January 2024

Calculate Net Pay will check the tax year / pay date and automatically apply the revised Class 1 National Insurance rates from 6th January 2024:

The 'Print Payroll Parameters' function, accessed from the 'Supervisor Functions' menu, may be used to produce a report of the rates applicable to each NI category and band of earnings.