Labour Budget Raids Employers' NI
This is a news story, published by MailOnline, that relates primarily to Rachel Reeves news.
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National Insurance thresholdsMailOnline
•Labour's National Insurance hike 'could spark hiring freeze'
77% Informative
Chancellor Rachel Reeves announced a slashing of the threshold at which employers begin making NI contributions from 9,100 to 5,000 from next April .
She also hiked the rate of employers paying NI by 1.2 per cent to 15 per cent - but NI will not be hiked for employees.
Industry insiders say the move will only prompt employers to cut the number of people they plan to hire.
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79
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25
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3
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