National Insurance rise: how much it is going up and how to beat higher taxes

How much extra is National Insurance going up? The amount you pay depends on how you work and how much you earn. National Insurance rates are split between different classes and bands. Employees pay “class 1” contributions. At the moment,... Read more

Boris Johnson defends ‘necessary and fair’ National Insurance rise

According to the Department for Health and Social Care (DHSC), the number of people waiting for elective care in England has risen from 4.4 million before the pandemic to six million. The final number could reach the 10 million mark,... Read more

Defer National Insurance rise, ministers urge Rishi Sunak ahead of spring statement

Sir John Redwood said the fiscal headroom meant the Government could “cancel the NI rise, cancel VAT on domestic fuel, cancel VAT on green products and give a bit back on fuel duty”. He added: “That headroom doesn’t include the... Read more

National Insurance rise 2022: how much is it going up and what are the new rates I will have to pay?

Since 1911 workers have paid National Insurance which, as the name suggests, was intended to fund various benefits to support the needy in society. Originally, sick or unemployed workers could make a claim on the fund, but today NI is... Read more

War in Ukraine makes European recession almost inevitable

Of all the arguments, this third one is the weakest. Even with the emerging cost of living squeeze, it may have been right a month ago. Though if the heat needs taking out of the economy, it would seem to... Read more

Taxman demands employers add pro-tax rise ‘propaganda’ into workers’ payslips

The tax office has been “strongly encouraging” employers to justify the Government’s controversial National Insurance increase to workers, in a move derided as “propaganda” by business owners and “meddling” by a former senior civil servant. HM Revenue & Customs has... Read more

The regressive National Insurance hike will hurt those most in need

This spring may bring warmer weather but colder homes across our country as we all struggle with the rising cost of fuel. Though we can’t reduce the demand in German flats and Chinese factories that has sent prices soaring, we... Read more

Workers to be hit twice by Boris Johnson’s National Insurance rise

The disclosure comes as Conservative donors and businessmen attacked Mr Johnson and Rishi Sunak’s decision to press ahead with the increase despite mounting concerns over how many households will cope with a combination of the tax rise in April, together... Read more

Britain ‘caught in a trap’ of high taxes and weak growth

Britain is stuck in a “trap” of high tax and low growth as the cost-of-living crisis intensifies, the boss of the country’s leading business group warns today. The intervention from CBI chief Tony Danker comes as regulator Ofgem unleashes a 50pc... Read more

Tory MPs blew their chance to torpedo the National Insurance rise

Voting against one’s own party is never an easy decision, but as far as reasons to do so go, this one was close to bullet-proof: the 2019 Conservative manifesto ruled out an NI tax hike in black and white. Layer... Read more

National Insurance rise 2022: how does it work and how much should I pay?

Since 1911 workers have paid National Insurance which, as the name suggests, was intended to fund various benefits to support the needy in society. Originally, sick or unemployed workers could make a claim on the fund, but today NI is... Read more

Voters are more worried about running out of money than ‘partygate’

When the new cap is unveiled next week, confirming an increase in average annual utility bills from £1,277 to around £2,000, expect pretty lurid “heating versus eating” headlines. As this cost-of-living crisis escalates, financial markets look precarious. The US-based Nasdaq... Read more

Tories can still reverse their ruinous National Insurance hike

The United Kingdom is once again speeding ahead of our Eurozone neighbours in job creation and economic growth. We have wisely removed Covid restrictions, rejected the worst extremes of European policymakers and could be on our way to a roaring... Read more

Boris Johnson is morphing into John Major

It beggars belief that the Tories remain committed to raising National Insurance Contributions (NICs) in April. It would be a calamitous mistake which will become a lightning rod for all that has gone wrong with Boris Johnson’s administration, and, given... Read more

The National Insurance rise is becoming increasingly indefensible

Cabinet ministers have been out and about presenting a united front in defence of the planned rise in National Insurance contributions. Dominic Raab, the Deputy Prime Minister, said: “I would much rather we didn’t have to do it but given... Read more

Rishi Sunak has room to delay national insurance raid, says IFS

Borrowing this year has so far been much lower than expected, as a feared spike in unemployment following the end of the furlough failed to emerge amid a scramble for staff by employers. According to the Office for Budget Responsibility... Read more

To save his leadership, Boris Johnson must scrap the National Insurance increase

Where did it all go wrong? In a parallel universe, Boris Johnson would be surging in the polls by now, with the good news on omicron validating his decision not to put the country into full lockdown and the public... Read more

What is National Insurance, how does it work and how much should I pay?

Since 1911 workers have paid National Insurance which, as the name suggests, was intended to fund various benefits to support the needy in society. Originally, sick or unemployed workers could make a claim on the fund, but today NI is... Read more

We’re all paying the price for rampant eco hypocrisy

We British specialise in holding two contradictory positions at once, especially when it comes to politics. Avowed NHS-lovers will grumble incessantly about its lengthy waiting-lists. We dislike part-time politicians – but somehow loathe career politicians even more. The sagas of... Read more

Pressure mounts on Rishi Sunak to change course on tax

It presents Sunak with a challenge: how does he boost the economy and ease the cost squeeze without breaking the bank, at a time when Britain’s swollen deficit needs to be brought under control. The Prime Minister had one suggestion... Read more

Britain faces worst cost of living crisis for a generation

Workers will have to secure a pay rise of at least 7pc just to keep up with the soaring cost of goods and services this year and millions of pensioners will be left several hundred pounds worse off than they... Read more

Boris’s total conversion to Brownism on tax is a betrayal of Middle England

If Boris Johnson, king of the Brexiteers, slayer of the Red Wall and supposed neo-populist extraordinaire, can’t even cut VAT on fuel, what hope is there for his brand of Toryism? Forget about any kind of recovery after the woes... Read more

Tory Britain is no place to run a business

It’s past time the Tories reclaimed their self-appointed title as the Party of Business. Their website may proudly declare they want Britain to be the best country in the world to start and grow a company but their actions indicate... Read more