All news on the topic: National Insurance

The unemployment rate has climbed every month since the chancellor’s maiden Budget in October 2024. It’s jumped from 4.1% to 5% on Reeves’s watch, with forecasters warning of 200,000 job losses this year.

The owner of Premier Inn is set to cut 3,800 jobs in the UK and Ireland as part of a five-year plan to save £250m and revamp its restaurants.

On average, struggling locals are handing over staggering sums to the taxman, according to new data from the Taxpayers’ Alliance.

Brits are preparing for tax increases in the autumn after economic growth slowed in the spring, experts warned.

Chancellor Rachel Reeves has not dismissed the possibility of future tax increases following the UK economy’s worst contraction in a year and a half in April.

The UK’s jobless rate ticked up to 4.6% in April while payrolled employment has fallen sharply since, according to official figures covering the period when budget tax hikes on businesses came into effect.

’The jobs tax is far more than small beer,’ warns the Shadow Chancellor

Ministers are scrambling to find further welfare savings after the budget watchdog said last week’s package would save £1.6bn less than ministers thought.

UK inflation jumped sharply in the year to January, driven by rising food prices, air fares and an increase in private school fees.

If you’re able to use the money saved from the National Insurance cut into your workplace pension, you could substantially increase your retirement savings by thousands of pounds

Prime Minister Rishi Sunak has faced criticism after saying he wants to abolish National Insurance Contributions for good - even though it raises £46billion a year

The Chancellor said the National Insurance cut would benefit around 27million workers with the average person saving £450 - however Martin Lewis says only one group will actually benefit

The Mirror has broken down how the Budget changes announced today by Jeremy Hunt will affect your wallet, from pensioners to first-time buyers and savers

After weeks of speculation, the Chancellor finally shared his fiscal plan ahead of the General Election and here we take a look at who is classed as a"winner" in today's budget and who is classed as a "loser"

Sir Keir Starmer branded the budget 'the last desperate act of a party that has failed' - saying the Conservatives 'give with one hand and take even more with the other'

Jeremy Hunt has today announced a 2p cut in National Insurance as part of his Budget, in a move that will save the average worker around £450

However, this threshold for when you start paying National Insurance remains frozen until April 2028 - this means more people still risk being dragged into paying tax for the first time

The Money Saving Expert (MSE) website founder urged Brits to check which partner is claiming Child Benefit as the thousands could be missing out on free state pension top-ups

All eyes will be on Chancellor Jeremy Hunt this week, to see if he makes any changes to National Insurance or Income Tax as part of his Spring Budget

Jeremy Hunt said tax cuts would be “the direction of travel” and commented that low-tax countries were “more competitive” - however, he warned it is “too early to say” about what will be included in the Budget

The Treasury has unveiled its plans to allow parents, guardians and carers can claim National Insurance Credits for the years they did not claim Child Benefit

On January 6, National Insurance for employees - so people who are paid their wages via PAYE - was reduced from 12% to 10%, the Government said the move would give the average worker on £34,500 a tax cut of £450 this year

The main rate of National Insurance for employees has been reduced from 12% to 10% in a move the Government said will help around 27 million workers