Reeves announces 15% National Insurance hike for employers

Video Credit: ODN
Published on October 30, 2024 - Duration: 01:58s

Reeves announces 15% National Insurance hike for employers

Chancellor Rachel Reeves announced a 1.2 percentage point rise in employers’ national insurance contributions to 15%, effective from April 2025.

Calling it “the right choice,” she said that there is a need for “difficult decisions” to fund public services and stabilise the economy.

Report by Covellm.

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