Birdwatch Note Rating
2024-11-08 00:21:10 UTC - HELPFUL
Rated by Participant: 064A350CB7C5937E1F98E8B87D56686D42D441C492BEFF934AF7F6A5ABC3C684
Participant Details
Original Note:
The rate of Employer’s National Insurance Contributions was raised to 15% (a 1.2% increase), while the threshold beyond which Employer’s National Insurance applies was cut from £9,100 to £5,000. Economists find the tax is ultimately paid by working people via lower wages. https://ifs.org.uk/data-items/increase-employer-national-insurance-contributions-employee-earnings-2025-26 https://ifs.org.uk/taxlab/taxlab-taxes-explained/national-insurance-contributions-explained
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