BBCNEWS Breakfast September 6, 2021 05:50:00
A 21—year—old earning £50,000 would pay an additional £404. whereas a 66—year—old, even one earning as much as £50,000 a year, would pay zero. employers currently pay 13.8% of their profits as the main national insurance rate. so, an increase in tax means less to spend on investment and jobs. small businesses have told us an increase could "devastate" them, at a time when many are still recovering from the impacts of the pandemic. raising national insurance tax would have the potential to limit the recovery in jobs for the wider recovery because it makes the cost of employing someon...
Source: archive.org