Tag: ‘kwarteng
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National Insurance hike ‘axed on Thursday’ in tax boost for 30 million – ‘Kwarteng ready’ | Personal Finance | Finance
[ad_1] This will be a hugely welcome move as the decision to increase NI by 1.25 percent from April drove up tax bills for more than 32 million workers. It lifted the total NI rate to a punitive 13.25 percent and came at the worst possible time. Now Kwarteng is set to reverse the move.…