More NewsPBR 08: National insurance to rise 0.5%

PBR 08: National insurance to rise 0.5%

New rates will apply to both employers and employees and take effect from 2011

Chancellor Alistair Darling today announced a 0.5% rise in both employer and
employee national insurance contributions, which will take effect from April
2011.

He also announced plans to raise the minimum income level at which national
insurance becomes payable to bring it in line with personal allowances for
income tax. Darling said the raising of the lower starting point was aimed at
ensuring the national insurance rise did not unfairly disadvantage those on
lower incomes, and pledged that no one earning under £20,000 per year would pay
any more in national insurance under the new rules.

Related Articles

Amazon UK halves its corporation tax bill despite increased turnover

More News Amazon UK halves its corporation tax bill despite increased turnover

4m Alia Shoaib, Reporter
Increase in UK business confidence despite Brexit, according to ICAEW

More News Increase in UK business confidence despite Brexit, according to ICAEW

7m Alia Shoaib, Reporter
Live blog: Spring Budget 2017

Corporate Tax Live blog: Spring Budget 2017

9m Accountancy Age editorial
The Curious Incident of the Insolvency Sector in the Light of Economic Turbulence

Insolvency The Curious Incident of the Insolvency Sector in the Light of Economic Turbulence

11m Accountancy Age editorial
Leonard Curtis called in as administrators for builders Boshers

Legal Leonard Curtis called in as administrators for builders Boshers

11m Stephanie Wix, Writer
New Year Honours of 2017

Accounting Standards New Year Honours of 2017

11m Stephanie Wix, Writer
"Not enough time" to implement MTD by 2018, says Tyrie

Corporate Tax "Not enough time" to implement MTD by 2018, says Tyrie

1y Stephanie Wix, Writer
Colin: A spoonful of investment...

Governance Colin: A spoonful of investment...

1y Stephanie Wix, Writer