India  

National Insurance to be cut from 12% to 10% - as state pension and Universal Credit to rise

Sky News Wednesday, 22 November 2023
National Insurance is to be cut by two percentage points, the chancellor has announced in his autumn statement - as he pledged to "honour the triple lock in full" and increase Universal Credit.
0
shares
ShareTweetSavePostSend
 

💡 newsR Knowledge: Other News Mentions

National Insurance National Insurance Tax and social benefit system in the UK, introduced in 1911

Sunak hints inquiry may be launched into budget leak [Video]

Sunak hints inquiry may be launched into budget leak

Rishi Sunak has said he deplores leaks but could not “recall” whether a leak inquiry was launched after the planned National Insurance cut was reported in the media before the Spring Budget. Facing a grilling by the Commons Liaison Committee on Tuesday, the Prime Minister said: “I deplore these leaks, particularly around Budget measures. I suffered from them as chancellor myself." Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:39Published
Budget 2024: The Main Points [Video]

Budget 2024: The Main Points

Jeremy Hunt has cut National Insurance by 2p as he laid out his plans for taxation and spending in the Spring Budget. The chancellor also announced he would be scrapping the non-dom tax status, which was previously one of Labour's key promises. Sir Keir Starmer branded the chancellor’s budget “the last desperate act of a party that has failed”. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 04:58Published
Hunt confirms 2p National Insurance tax cut [Video]

Hunt confirms 2p National Insurance tax cut

Jeremy Hunt confirms a 2p National Insurance cut from April 6 and for the self-employed it will be slashed from 8 percent to 6 percent. In the closing statements of his Budget, he says that today the country has been "put back on the path to lower taxes". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:38Published

You Might Like