Increase will see average worker have more take-home pay.
PAYE and NI
BCC reports increased staffing costs and decreased investment.
National Insurance contributions break all-time record.
NICs rates increase by 1.25 percentage points.
No.10 denies ‘wobbling’ on increase.
Treasury poised to approve LPC recommendation.
Tax rise to help fund the NHS and pay for social care.
National Insurance rates could rise 1% from April.
Tax simplicity is the priority for the OTS.
It includes a range of NIC relief for employers.
The case is part of a long-running IR35 dispute
VAT and corporation tax took the biggest total hits.
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