Employers' National Insurance Hike To Raise £20Bn

[naomi24]

//The chancellor is set to increase the National Insurance rate for employers to boost funding for public services including the NHS.

Rachel Reeves is also expected to use Wednesday's Budget to lower the threshold for when employers start paying the tax - with the two measures combined to raise about £20bn.//

 

https://www.bbc.co.uk/news/articles/c9wrkngvyx4o

 

 

Cue job losses and a reluctance to invest.  Clever!

[nicebloke1]

Best go after that Mone family who robbed the tax payer for millions, and only the millions we know about. How long have they been ripping the NHS off ?? So some of the bitter pills some people may have to take should think of them living it up on a nice sunny beach somewhere with a wacking great bank account. But the AB cons don't want to talk about them do they, only slag the now PM who's got the task of recovering the economy.

[naomi24]

They're not 'recovering the economy' though.  They're borrowing billions on top of what they intend milking in tax.  This country will be on its knees by the time the Labour government is finished - as usual.

[ynnafymmi]

@15.38.Mone was a Weegie East Ender,nicebloke1,what else you expect from them?

[newmodarmy]

Ynna (sorry can't spell the rest)...the NI increase won't affect councils as they are reimbursed for all employers' NI payments. 

[newmodarmy]

Nicebloke.....it's Sir Keir you may want to press a out pursuing Miss Mone. If he recovers any worthwhile amount that would be great news... but it won't happen, I'm pretty sure.

[newmodarmy]

^

b

That's the missing b from 'about'

 

[nicebloke1]

It was on its knees before the GE.