Welsh Universities Facing a £18m Hit From Rise in Employer Tax

Welsh universities facing a £18m hit from rise in employer tax

The Liberal Democrats said the £18m would be far better spent supporting teaching, research, and student services

National Insurance Rise Leaves Welsh Universities with a £18 million a Year Bill

Information uncovered by the Welsh Liberal Democrats has shown that the UK Government’s decision to increase national insurance has left Welsh Universities with an additional £18 million a year to pay. According to the Welsh Liberal Democrats, this rise in employer costs threatens to deepen the existing crisis in Welsh higher education. Many institutions are already being forced to cut staff, close courses, and manage growing deficits in an incr…

National insurance rise leaves Welsh universities with an £18 million annual bill

WELSH universities have been hit with an additional annual bill of £18 million due to the UK Government’s decision to increase national insurance contributions, according to findings released by the Welsh Liberal Democrats. The financial impact, disclosed following questioning by Welsh Liberal Democrat MP David Chadwick at the Welsh Affairs Committee, has added significant pressure to an already challenging financial landscape for Welsh higher e…