A potential abolition of national insurance for workers would not come for years
Chancellor Jeremy Hunt has indicated it is his long-term ambition to end ‘double tax on work’.
Tag: National Insurance
National insurance contributions increase TODAY amid cost-of-living crisis
The Conservative Party's 2019 manifesto pledged “not to raise the rates of income tax, national insurance or VAT”.
MPs pass motion to cancel National Insurance rise…but Tories ignore it
Meanwhile the basic salary of MPs is due to increase by more than £2,000 after the independent watchdog decided to boost their annual earnings.
Truss says Tories are ‘committed to tax cuts’ as Johnson and Sunak confirm hike
The Foreign Secretary insisted that the reason for the national insurance hike is the government’s spending on the Covid crisis.
UK’s highest earners will pay lowest amount of National Insurance in 2022
"Dear @hmtreasury please could you change the http://gov.uk website which is giving MISLEADING information about the NI rise," tweeted Martin Lewis.
Former Brexit chief: National insurance rise ‘never necessary or justified’
“The tax rises this April were never necessary or justified," former Brexit Secretary David Frost has said.
Borrowing bonus piles pressure on Boris to scrap national insurance rise
It comes after Lord Frost told Johnson to "scrap these tax increases" to get "the economy growing again".
Living costs worst since 1992 with inflation almost double the NHS pay rise
Shadow treasury secretary Pat McFadden warned the cost of living crisis is only going to worsen in coming months, with real wages falling, the energy price cap rising and National Insurance hikes coming into play.
Sunak to slash tax on bank profits just weeks after National Insurance hike
"It's down to the British public to foot the bill not the hard working and overstretched banking sector," one Twitter user said.