Birdwatch Note Rating
2024-11-07 22:51:04 UTC - HELPFUL
Rated by Participant: 39F8437EB655A615B1245EEECD2E3AEBDB9A300D975BD5A1980631BA378C9A1B
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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