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Articles tagged with: National Insurance
All The Key Measures In Jeremy Hunt's Autumn Statement From Tax Cuts To Business Reforms
Economy
All The Key Measures In Jeremy Hunt's Autumn Statement From Tax Cuts To Business Reforms
Chancellor Jeremy Hunt has announced more than 100 measures in the Autumn Statement, which he said will “boost the economy and drive growth”.
Why Government Faces Pressure To Raise The Pension Age
Economy
Why Government Faces Pressure To Raise The Pension Age
A new report has urged government to increase the state pension age from 66 to 67 by 2028 in order to face the country’s “very real economic challenges”.
Every Announcement In Kwasi Kwarteng’s Not-So-Mini-Budget Explained
Economy
Every Announcement In Kwasi Kwarteng’s Not-So-Mini-Budget Explained
The Chancellor Kwasi Kwarteng unveiled dozens of new measures in his mini-Budget statement to Parliament today, from tax cuts to benefit changes and bankers’ bonuses as he ripped up the economic rulebook used by previous Conservative administrations.
Kwasi Kwarteng Tears Through UK Tax System In Radical Fiscal Event
Economy
Kwasi Kwarteng Tears Through UK Tax System In Radical Fiscal Event
Chancellor Kwasi Kwarteng has announced a range of sweeping cuts to taxes as he battles to resuscitate the UK's flagging economy.
Government Confirms National Insurance Rise Will Be Reversed From November
Health
Government Confirms National Insurance Rise Will Be Reversed From November
Chancellor Kwasi Kwarteng has confirmed that the recent rise to National Insurance Contributions is to be reversed from November.
The next prime minister must tackle the cost-of-living crisis or face dire electoral consequences
Economy
By Bernard Jenkin MP
The next prime minister must tackle the cost-of-living crisis or face dire electoral consequences
The two final candidates for the Conservative leadership have made promises on tax and borrowing. The new prime minister will, however, have to confront a rapidly deteriorating cost-of-living crisis that demands flexibility and decisive action.
With costs rising, Rishi Sunak should be doing more to help people reliant on benefits
Economy
By Iain Duncan Smith MP
With costs rising, Rishi Sunak should be doing more to help people reliant on benefits
On 1 April the Ofgem price cap soared by 54 per cent, costing the average household an eye-watering extra £693 in energy bills this year.
Government Launches £500m Fund For Social Care Using Controversial National Insurance Hike
Health
Government Launches £500m Fund For Social Care Using Controversial National Insurance Hike
The government is launching a £500million fund intended to improve the social care workforce as a controversial levy to pay for it comes into force this week.
Rishi Sunak cares more about political posturing than good policymaking
Economy
By Ryan Shorthouse
Rishi Sunak cares more about political posturing than good policymaking
This really is the confused Chancellor.
Conservative MPs Say More Action Might Be Needed After Spring Statement To Tackle Cost Of Living Crisis
Economy
Conservative MPs Say More Action Might Be Needed After Spring Statement To Tackle Cost Of Living Crisis
Conservative MPs say they are cautiously optimistic Rishi Sunak’s Spring Statement will ease the strain of the cost of living crisis, but have urged the Chancellor to “keep his eye on the prize” as inflation spirals.
Spring Statement: What The Measures Announced By Rishi Sunak Will Mean For Your Household Finances
Economy
Spring Statement: What The Measures Announced By Rishi Sunak Will Mean For Your Household Finances
The Chancellor's Spring set piece came as the UK's fiscal watchdog warned living standards were set to fall at the fastest rate on record.
The cost of living crisis won’t go away until the burden of taxation is eased
Economy
By Elliot Keck
The cost of living crisis won’t go away until the burden of taxation is eased
While Westminster focuses on the fallout from Sue Gray’s report, a cost-of-living crisis is brewing. Ever rising taxes and bills are putting an unprecedented strain on families across the country.
Boris Johnson And Rishi Sunak Insist Controversial National Insurance Rise Will Go Ahead
Economy
Boris Johnson And Rishi Sunak Insist Controversial National Insurance Rise Will Go Ahead
Boris Johnson and Rishi Sunak have rebuffed calls from Tory MPs to abandon plans to raise National Insurance this April.
There is no case for a National Insurance hike
Economy
By John Redwood MP
There is no case for a National Insurance hike
The Treasury employs plenty of intelligent people, but their collective views and decisions are often wrong.
Grant Shapps Defends National Insurance Rise After Rumours Of Cabinet Cost Of Living Tensions
Political parties
Grant Shapps Defends National Insurance Rise After Rumours Of Cabinet Cost Of Living Tensions
Grant Shapps has defended government plans to raise National Insurance this April after his Cabinet colleague Jacob Rees-Mogg reportedly called for it to be scrapped.
No.10 Is Asking MPs How Their Constituents Are Feeling About Tax Hikes Ahead Of Health And Social Care Votes
Health
No.10 Is Asking MPs How Their Constituents Are Feeling About Tax Hikes Ahead Of Health And Social Care Votes
No.10 has been canvassing Tory MPs for their constituents' views on the National Insurance hike and pensions triple lock break after a poll on Friday revealed a five point drop in the party’s favourability.
Care Minister Says Money Raised From Social Care Levy Will Not Pay For Wage Increases
Social affairs
Care Minister Says Money Raised From Social Care Levy Will Not Pay For Wage Increases
Care minister Helen Whately has confirmed that funds raised from the government’s new health and social care levy will not be put towards a pay raise for staff in the sector.
Less Than A Third Of The Public Think The Tories Are A Low Tax Party
Economy
By Kate Proctor
Less Than A Third Of The Public Think The Tories Are A Low Tax Party
Just one in three members of the public think the Conservatives are currently a party of low tax, revealing the potential scale of the battle ahead to regain their fiscal reputation.
Sajid Javid Says He Cannot Guarantee Tax Hikes Will Be Enough To Clear NHS Backlog
Coronavirus
Sajid Javid Says He Cannot Guarantee Tax Hikes Will Be Enough To Clear NHS Backlog
Health Secretary Sajid Javid has said he cannot say for sure that the government plan to increase National Insurance will be enough to clear the NHS backlog.
Boris Johnson Won't Rule Out Future Tax Rises After Announcing New Health And Social Care Levy
Health
By Kate Proctor
Boris Johnson Won't Rule Out Future Tax Rises After Announcing New Health And Social Care Levy
Boris Johnson failed to rule out future tax rises over the course of this Parliament as the country continues to battle with a “radically different” economy from his election in December 2019.
Five Key Details From Boris Johnson’s New National Insurance Levy To Fix Social Care
Health
Five Key Details From Boris Johnson’s New National Insurance Levy To Fix Social Care
More than two years after he first announced he had a plan to fix social care, Boris Johnson finally unveiled a new 1.25% levy on National Insurance to go towards paying to fix the crisis in the sector.
Tories Are Confident Boris Johnson Will Get Social Care National Insurance Hike Through On A Rapid Vote
Health
Tories Are Confident Boris Johnson Will Get Social Care National Insurance Hike Through On A Rapid Vote
Boris Johnson will get his social care plan through the Commons, allies believe, despite deep concerns from his own backbench over the manifesto-breaking National Insurance increase that will pay for it.
Disgruntled Tory MPs Are Pitching Alternatives To National Insurance Rise To Fund Social Care
Health
Disgruntled Tory MPs Are Pitching Alternatives To National Insurance Rise To Fund Social Care
Alternatives to a National Insurance hike to pay for social care are being suggested by Tory backbenchers, who appear horrified by reports government is considering a manifesto-breaking tax increase.
Labour Calls For 'Those With The Broadest Shoulders” To Foot Social Care Bill
Social affairs
Labour Calls For "Those With The Broadest Shoulders” To Foot Social Care Bill
Shadow social care minister Liz Kendall has criticised government proposals to reform social care as “not a plan but a tax rise” and suggested the cost should be shared with wealthier taxpayers.