Budget could include rise in employers’ national insurance, minister suggests

Jonathan Reynolds says Labour pledge not to increase NICs applies to employees and declines to rule out other changesThe business secretary has said Labour’s manifesto pledge not to raise national insurance applied to employees but he did not rule out raising employers’ contributions in the budget.Speaking on Sky’s Sunday Morning with Trevor Phillips, Jonathan Reynolds was asked if the pledge applied both to employees’ and employers’ national insurance contributions (NICs). Continue reading…



Source link : https://www.theguardian.com/politics/2024/oct/13/budget-national-insurance-contributions-jonathan-reynolds-labour

Author : Caroline Davies

Publish date : 2024-10-13 14:14:26

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