The UK Chancellor plans to increase National Insurance contributions for employers, with the aim of raising £20 billion for public services like the NHS.
Rachel Reeves is likely to lower the threshold for National Insurance payments by employers, marking a significant change in taxation structure.
The anticipated changes in the Budget are expected to be the largest revenue raiser, indicating a broader effort to address fiscal shortages.
Despite the rising National Insurance contributions, it's understood that employer pension contributions may not be subjected to this new levy.
Collection
[
|
...
]