The Chancellor gave the strongest hint yet that she could hike national insurance contributions for employers in the Budget in what the Tories branded ' Labour 's jobs tax'.
The Chancellor yesterday gave the strongest hint yet that she could hike national insurance contributions for employers in the Budget in what the Tories branded ‘ Labour ’s jobs tax’.
During the election, Labour vowed not to raise income tax, VAT or national insurance – but the party is now claiming this did not include the employer part of national insurance. Business sources last night warned that hiking the rate would force employers to freeze pay or cut jobs. In a separate interview with GB News, the Chancellor was pressed on whether the manifesto commitments included employers’ contributions.Keir Starmer was warned yesterday that raiding employers' national insurance in the Budget would be a 'straighforward breach' of Labour 's manifesto Paul Johnson, director of the IFS, told Times Radio: ‘I went back and read the manifesto and it says very clearly we will not raise rates of national insurance.
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