Will Your Payslip Include A Political Message?
HMRC has asked employers to print the reasoning behind the forthcoming National Insurance Contributions increase on workers’ payslips. The suggested wording is “1.25% uplift in NICs funds NHS, health and social care.” The request has resulted in an outcry with many people believing it is fundamentally wrong, unprecedented and improper for businesses to include political […]
What Does The NICs Increase Mean For You?
A new Health and Social Care Levy will be brought in from April 2022, to be paid for by increasing rates of National Insurance Contributions. Although it breaks the Conservative’s manifesto pledge on raising taxes, the Prime Minister has confirmed that national insurance contributions will be increased by 1.25% to pay for the impact of […]