Autumn statement: Jeremy Hunt announces sweeping tax cuts for firms and workers

Hunt Slashes National Insurance as Tories Gear up for General Election Campaign

Chancellor Jeremy Hunt has cut national insurance for 27 million workers by 2 percent as he outlined an Autumn Statement that set out battle lines with the Labour Party in the run up to next year’s general election. Mr. Hunt told a packed House of Commons on Wednesday the economy was “back on track” and said his Autumn Statement contained “110 different measures to help grow the British economy.” He announced plans to cut national insurance cont…

UK’s Hunt to cut National Insurance rate in boost for millions of workers

LONDON (Reuters) - British finance minister Jeremy Hunt on Wednesday said he would cut the amount of National Insurance social security contributions paid by 27 million workers in a move that will save employees hundreds of pounds a year. Hunt said the government would reduce the rate of National Insurance contributions (NICs) for employees by two percentage points, a bigger reduction than expected, and for the self-employed by one percentag…

National Insurance rate cut for 27 million workers from January announced

The rate of national insurance for workers earning between £12,570 and £50,270 will reduce from 12 per cent to 10 per cent from January

National insurance for workers to drop by two per cent from January

The main rate of national insurance will drop from 12 per cent to 10 per cent from January 6.

Autumn statement: Jeremy Hunt announces sweeping tax cuts for firms and workers

Chancellor reduces national insurance rate and confirms rise in benefits and state pension

Jeremy Hunt announces National Insurance cut from January

Jeremy Hunt cut the main rate of National Insurance by two per cent in an Autumn Statement to kick-start economic growth in Britain.