#employer-national-insurance
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Companies cut jobs at fastest pace in four years after Reeves's 25bn payroll tax raid

British firms are cutting jobs at the fastest pace in four years after a £25bn employer National Insurance increase, with retail and hospitality hit hardest.

UK politics

fromwww.independent.co.uk

3 days ago

Reeves' tax hikes have hit one in five job vacancies' at small firms

Employer national insurance increases coincided with an 18% fall in small-business job vacancies and prompted demands to reverse the related business tax.

Business

fromLondon Business News | Londonlovesbusiness.com

3 days ago

Reeves NIC and NLW hikes will see 25,000 businesses fold this year - London Business News | Londonlovesbusiness.com

16,313 businesses in England and Wales entered insolvency after increases to Employer NICs and the National Living Wage, a 1.5% rise.

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#employer-national-insurance#employer-national-insurance

Companies cut jobs at fastest pace in four years after Reeves's 25bn payroll tax raid

Reeves' tax hikes have hit one in five job vacancies' at small firms

Reeves NIC and NLW hikes will see 25,000 businesses fold this year - London Business News | Londonlovesbusiness.com

#employer-national-insurance
#employer-national-insurance