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How National Insurance hike could affect pension pots as workers stand to lose up to £2k in retirement – how to beat it ...Middle East
THE National Insurance hike could mean workers lose as much as £2,000 in retirement. During her inaugural Budget, Chancellor Rachel Reeves announced a raise to the headline employer rate of National Insurance (NI) from 13.8 to 15%. AlamyHow much you could miss out on depends on your salary[/caption] The Chancellor also announced a reduction to the threshold business start paying NICs from £9,100 to £5,000. Ms Reeves insisted her Budget would protect the nation’s employees as per Labour’s manifesto. But top economists warned her National Ins
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