Chancellor "I have made an important choice to keep every single commitment we made on tax in our manifesto, so say to working people I won't increase your VAT, National Insurance or Income tax"
So she isn't reversing the 2% Tory NI cut to employees, but shifting it to employers.
"Employers National Insurance will rise by 1.2% from April 2025, and they will start paying it at £5,000 (rather than £9,100)."
#Budget