Govt reverses NI hike ahead of mini-budget
Chancellor Kwasi Kwarteng has announced the 1.25 percentage point rise in National Insurance will be reversed from 6 November. In a statement today (22 September) he confirmed the government’s widely anticipated policy shift in the forthcoming mini-budget. It said scrapping the rise will reduce tax for 920,000 businesses by nearly £10,000 on average next year […] The post Govt reverses NI hike ahead of mini-budget appeared first on Money Marketing .
Govt reverses NI hike ahead of mini-budget
Chancellor Kwasi Kwarteng has announced the 1.25 percentage point rise in National Insurance will be reversed from 6 November. In a statement today (22 September) he confirmed the government’s widely anticipated policy shift in the forthcoming mini-budget. It said scrapping the rise will reduce tax for 920,000 businesses by nearly £10,000 on average next year […] The post Govt reverses NI hike ahead of mini-budget appeared first on Money Marketing .