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Thread: So it's National Insurance then

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  1. #1

    Re: So it's National Insurance then

    Quote Originally Posted by Grievous Angel View Post
    Ah yes - but it's only a 1.25% increase and not the 2% we were being told - or spun.
    Employers pay the same amount so its 2.5% in total.

  2. #2

    Re: So it's National Insurance then

    Quote Originally Posted by lincoln blue View Post
    Employers pay the same amount so its 2.5% in total.
    The spin doctors (via the media) told us that individual employeeswould pay 2% extra, so I don't see what point you're trying to make by bringing employers' NI into it.

  3. #3

    Re: So it's National Insurance then

    Quote Originally Posted by Grievous Angel View Post
    The spin doctors (via the media) told us that individual employeeswould pay 2% extra, so I don't see what point you're trying to make by bringing employers' NI into it.
    Actually the increase is not 1.25% it is actually 10%


    if National Insurance is rising from 12% to 13.25% it is NOT rising by 1.25%. It is rising by 1.25 percentage points. if you want to describe its rise in percentage terms, it is rising by just over 10%. It is a 10% tax hike

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