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Reeves under fire for national insurance plans
Reeves' National Insurance Gamble: The Readout with Ailbhe Rea
With two weeks to go until the Budget, Keir Starmer hasn’t ruled out increasing national insurance on employers. That’s prompted pushback from business groups, who have warned that raising the payroll tax would hurt economic activity, with a particular impact on the retail and hospitality sectors.
Reeves signals hike in National Insurance for firms
The chancellor was speaking at the government's International Investment Summit, where deals worth £63bn were hailed.
Warning National Insurance rise could hit jobs
For example, employers could restrict wage rises, meaning employees would pay less on their individual National Insurance contributions and income tax. If businesses decided to absorb the extra cost, their profits might be lower, and therefore, the amount they pay in corporation tax could be less.
Budget 2024 – latest: Reeves under fire for national insurance plans as tax rises still to come
Rachel Reeves will announce Labour’s first Budget in 15 years later this month, leading one of the most highly-anticipated fiscal events in over a decade. As the chancellor looks to fill the £22bn “black hole” in public spending she announced in late July,
Reeves eyes up to £40bn in tax rises and spending cuts in Budget
The Chancellor told ministers on Monday that plans to fill a £22 billion black hole would be enough only to ‘keep public services standing still’.
1d
on MSN
When it comes to national insurance, the government is pulling a fast one
One of the many problems the government has got itself into over tax rises that may or may not appear in the upcoming Budget ...
2d
on MSN
National Insurance fears spark business backlash
Business groups hit out after the chancellor signals she will raise the amount employers pay in National Insurance.
2d
on MSN
Fact check: Would raising employer national insurance be a ‘tax on working people’?
The tax expert adds that in the extreme case that an increase of one pence per pound in employer NICs was passed on to ...
2d
More than half of voters think National Insurance hike would be a ‘tax on working people’, exclusive poll reveals
MORE than half of voters believe an increase in employers paying more National Insurance would be a “tax on working people”, ...
14h
Auto insurance rates are soaring. Here’s what you can do about it.
The cost of insurance has increased by almost 38 percent since the beginning of 2022, more than double the overall rate of ...
Opinion
4h
Opinion
I’m a Tampa Bay insurance agent. Here’s what hurricanes Helene and Milton taught me | Column
What a two weeks to be an insurance agent in the Tampa Bay area. We all know about hurricane risks, but when storms wallop ...
1d
on MSN
Would a national insurance hike for your employer cost YOU money?
Experts warn a Budget rise in the employer national insurance rate could have a knock-on impact for employees. We explain ...
2d
on MSN
Jobs in London pubs, restaurants and hotels at risk from National Insurance hike, warn hospitality chiefs
Chancellor Rachel Reeves is also believed to be considering raising capital gains tax to fix Britain’s dire public finances ...
1d
What’s the average cost of homeowners insurance?
The average cost for homeowners insurance across the U.S. is $1,251 per year, or $104.25 per month, according to National ...
2d
on MSN
National Insurance raid will be a disaster – and even the Chancellor knows it
Constant speculation over the contents in the media, and long nights in the Treasury working on the major measures.So, with ...
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