All the updated news related to national insurance contributions

All the news related to national insurance contributions updated in real time

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Scotland

Government will not have certainty on ‘huge’ £500m sum when budget set – Swinney

The Scottish Government will not have certainty on reimbursement for the national insurance contributions (NIC) rise when it publishes its Budget on December 4, John Swinney has said. The First Minister called on the Treasury to provide more clarity ...

20 Nov 2024 at 16:19

Scotland

Scots retailers face additional £7.6m in business rates, figures show

Shops in Scotland are to pay an additional £7.6 million in business rates when the new tax year kicks in, figures show. The Scottish Retail Consortium (SRC) published the information after Conservative MSP Craig Hoy questioned ministers on the ...

18 Dec 2024 at 12:24

Difficult decisions for employers after national insurance hike, says minister

Employers face “difficult decisions” as a result of Government moves to increase their national insurance contributions (NICs), according to a Treasury minister. James Murray’s remarks came as he defended legislation designed to introduce the ...

17 Dec 2024 at 20:08

Councils, charities and public sector groups join Swinney to call for NI funding

Local authorities, charities and public sector organisations have joined with First Minister John Swinney to call for funding to mitigate the national insurance hike. In a letter from Mr Swinney and the president of local authority body ...

03 Jan 2025 at 18:22

Starmer accused of ‘opening the door’ to tax and borrowing changes in Budget

Sir Keir Starmer has been accused of considering raising employer national insurance contributions and changing borrowing rules after he failed to rule out either proposal. The Prime Minister was repeatedly urged by Conservative Party ...

09 Oct 2024 at 15:30

Small business owners ‘seriously concerned’ by prospect of Budget tax rises

Small business owners have said they are “seriously concerned” by the prospect of tax rises in Wednesday’s Budget, with some fearing they will need to cut their employee headcount. Chancellor Rachel Reeves is expected increase ...

30 Oct 2024 at 00:01

Small business owner considers selling firm amid minimum wage increase

A small business owner said she is “considering selling” her firm after the Government announced it will be increasing the national minimum wage in the Budget. Christina French, 42, from Birmingham, is founder of Diverse ...

30 Oct 2024 at 17:29

Unintended consequences of national insurance rise could be catastrophic – Gray

Scotland

Unintended consequences of NI rise could be ‘catastrophic’ – Gray

The unintended consequences to the public sector in Scotland of the increase to national insurance could be “catastrophic”, the country’s Health Secretary has said. The UK Government announced plans to increase employer ...

17 Dec 2024 at 15:27

Council tax to rise to fund increase in police budgets

Council tax is set to increase by almost £330 million to fund policing across England and Wales next year. Ministers have set out a provisional 3.5% real-terms increase in funding for forces, but a third of the total ...

17 Dec 2024 at 12:58

Formula used to calculate police funding is an anachronism, watchdog chief says

An outdated formula used to calculate police funding means rich forces get richer while poor forces get poorer, the head of a watchdog has said. His Majesty’s Chief Inspector of Constabulary Andy Cooke said while ...

17 Dec 2024 at 13:09

Police chiefs claim cuts ‘inevitable’ in face of £1.3 billion funding gap

Police forces are facing “inevitable” cuts with a £1.3 billion shortfall in funding over the next two years, chief constables have warned. Ministers have set out a provisional 3.5% real-terms increase in funding ...

17 Dec 2024 at 16:30

Stormont Executive ‘could be £100m short to deal with national insurance rise’

Northern Ireland is set to be around £100 million short to deal with the outworkings of a hike in national insurance contributions, the Stormont Finance Minister has said. Caoimhe Archibald also announced the ...

22 Jan 2025 at 13:23

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