Govt plans 1% NI increase to fund social care - reports

Despite manifesto pledge not to increase income tax, VAT or NI

clock • 1 min read

National Insurance (NI) could be increased by 1% for millions of workers to help fund social care, according to reports.

The Daily Telegraph reports Downing Street wants to raise NI by 1%, adding the Treasury would prefer 1.25%. The move would affect about 25 million workers and the self-employed. The Times states health secretary Sajid Javid is pushing for a 2% rise. Ex-health secretary Jeremy Hunt, also writing in the Daily Telegraph, said he favours a new "health and care premium" and it was right taxpayers should contribute more to solve the crisis. In their election manifesto of 2019, the Conservatives vowed not to increase income tax, VAT or NI, a BBC report said. It stated for someone on av...

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