Tax rise backlash | Boris Johnson's National Insurance hike 'will hit employers and workers HARD'

Boris Johnson's National Insurance hike 'will hit employers and workers HARD'

The Prime Minister has confirmed a tax rise for millions of British workers as part of a bid to reform social care - with critics saying it will hit employers and workers HARD.

Boris Johnson announced to Parliament yesterday a 1.25 percentage points increase in National Insurance contributions (NICs) as part of a new health and social care levy, amounting to £12billion in total over several years.

Continue reading for FREE!

Sign up for a myGrapevine account to get:

  • Unlimited access to News content
  • The latest Features, Columns & Opinions
  • A full range of specialist HR newsletters to choose from

Welcome Back

* By creating an account you agree that you have read and agree to our Terms and Conditions and that Executive Grapevine International Ltd and its partners may contact you regarding relevant content and products. You will also be added to the HR Grapevine newsletter mailing list.