30 August, Friday, 2024
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HomeSourcesmirror.co.ukRishi Sunak won't bring in National Insurance hike

Rishi Sunak won’t bring in National Insurance hike

Number 10 today said the new Prime Minister does not intend to re-introduce a 1.25% rise in National Insurance rise, which was brought in to help the NHS and social care recover from Covid crisis

Rishi Sunak WON’T bring back a National Insurance hike in the immediate future, Number 10 has confirmed.

The Prime Minister’s immediate predecessor, Liz Truss, this month scrapped his 1.25% increase, which was brought in to help the NHS and social care recover from the Covid crisis.

There had been speculation that Mr Sunak could revert to his original plan after Ms Truss was booted out of office following a Tory rebellion.

National Insurance contributions had increased from 12% to 13.25% in April after a 1.25 percentage point rise was introduced.

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