PM does not rule out NI rise for employers

https://www.bbc.co.uk/news/articles/cx20mp7e545o

Posted by Glanza

11 Comments

  1. He also hasn’t ruled out a free PS5 for everyone.

    The media in the UK is really suffering from it’s ‘direct Government access’ withdrawal.

    Headline:

    >PM does not rule out NI rise for employers

    First paragraph:

    >The Labour Party’s 2024 manifesto rules out raising National Insurance

    This article is literally:

    >Sir Keir side-stepped questions

    I think if a politician answered a question directly that it’d be more news worthy personally.

  2. It seems like Labour are just throwing everything at the wall and hoping something sticks.

  3. grapplinggigahertz on

    Perhaps not waiting four months before holding the first budget might have countered some of the speculation…

  4. BigSargeEnergy on

    So much for not increasing taxes on working people.

    ‘b-b-but it’s an employer tax’ if you don’t think this will be passed on to employees then I have a bridge to sell you.

  5. They’re so obviously going to increase it, it has clearly been leaked to various media outlets for them all to be running repeated stories on it with increasing confidence, presumably to gauge reaction just like they have with other policies – like every government does. Labour have refused to explicitly clarify what the “no increases on working people” means (note: the “we won’t be drawn into speculation on the budget” line doesn’t work for this, because they only needed to clarify previous promises) because they were obviously weighing it up.

    Yesterday, Reeves finally came out and clarified that the pledge didn’t apply to the Employer portion of NI, it’s blatant that the change in commentary is because they’ve settled on increasing it, there is no logical reason for them to say this unless they are intending to do it. Now that they’ve said this, it’s started a debate/criticism over whether this is breaking a manifesto pledge, as everyone knows the employer portion of NI is just a fig leaf to make personal taxes look a smidge lower, it’s all a tax on employment at the end of the day and impacts wages/hiring policies the same way, pay slips just look a little different is all.

    There is literally no reason for Labour to open this particular can of worms unless you’re prepping the public for it happening.

    Yet in every thread about there are some very smart redditors smugly telling us how the media are just making it up and it definitely won’t be happening.

  6. I’m glad they are doing this, the NI cut shouldn’t have been made and I think we should pay more, but it’s definitely a tax on working people despite what they might claim.

  7. I am impressed how he lies that this is not a tax on working people.

    I can see 5 outcomes from raising tax on employing people.

    1. Reduce hiring
    2. Staff reduction to incorporate an addtional cost.
    3. Less salary increases.
    4. Increase services/consumer prices – cost of living
    5. Less business coming to the UK due to cost of hiring increasing.

  8. ParkingMachine3534 on

    Didn’t we have to turn the mass immigration taps back on not long ago because cate homes, haulage firms, restaurants and coffee shops cried because they couldn’t afford to pay staff?

    So now they’ll have to pay more to employ people, presumably they’ll all go under?