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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.

The PM admitted the plan was breaking one of the pledges he made in his manifesto ahead of the 2019 general election – a vow not to raise income tax, VAT or National Insurance Contributions (NICs).

Yesterday in the House of Commons, however, came the news that Brits who earn over £9,568 a year will be hit with the National Insurance hike.

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