TaxPersonal TaxPBR 09: National Insurance to go up 0.5%

PBR 09: National Insurance to go up 0.5%

0.5% NI contribution rise across the board from April 2011 above a £20,000 threshold

From 2011, National Insurance contributions will rise by 0.5% for all
employer, employee and self-employed rates but those paid less than £20,000 will
be spared.

The measure will generate £3bn a year, the Chancellor said.

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