The Health and Social Care Levy Act 2021 which implements the legislation for the 1.25 percent increase in national insurance contributions (“NICs”) from 6 April 2022 and brings in the new health and social care levy from 6 April 2023 received Royal Assent last month. The related 1.25 percent increase in dividend tax rates from 6 April 2022 will be legislated for in the next Finance Bill. More details are available in our earlier news story.