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Latest News

Chancellor announces NI contributions to rise

by Personnel Today 17 Apr 2002
by Personnel Today 17 Apr 2002

Chancellor
Gordon Brown has announced that National Insurance contributions are to rise by
one per cent to cover increased spending in the NHS.

In
his Budget speech Brown said the extra tax will apply to everyone earning over
£4,615. The changes are due to start in April 2003.

But
tax credits given to people with children will offset the charge for many
families, he said.

The
Government also pledged £420m to help small firms put their payroll online and
to create a universal e-filing system.

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Small
firms are also to be given £30m for Investors In People programmes.

By Quentin Reade

Personnel Today

Personnel Today articles are written by an expert team of award-winning journalists who have been covering HR and L&D for many years. Some of our content is attributed to "Personnel Today" for a number of reasons, including: when numerous authors are associated with writing or editing a piece; or when the author is unknown (particularly for older articles).

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Personnel Today
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