Growing speculation that an increase to national insurance could be imminent

03 September 2021

In 2019, the Conservative manifesto pledged that there would be no increase to tax or national insurance (NI) rates. However, pressure on social care system in the UK, exacerbated by the pandemic, could see the Government stepping away from this commitment. 

It is anticipated that employees and the self-employed could see a NI rise of at least 1%, with some reports suggesting that the hike could be as much as 2%.  Today’s news follows speculation on the introduction of a ‘social care levy’ over the summer months. 
 

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