Correct, but misses that the primary threshold is also going (has gone) up.The rate between the primary threshold and upper earnings limit is going from 11% to 12%
So, while my gross has gone up just £2.85 (22½ hours), reductions to tax & NI dedns means my net's up by £8 a week (£35/month).
At the risk of offending all & sundry I'm actually -- dare I say -- pleased about that. (