'We will see closures': The industries hit hardest by national insurance hike
- MPs voted against exempting hospices from increased National Insurance contributions, raising the rate to 15%. This decision may lead Scottish hospices to consider redundancies and could worsen their financial situation by £2.2 million this year.
- Jacki Smart, CEO of Accord Hospice, stated that this financial strain could harm the quality of care hospices provide, describing the government's policy as 'immoral.'
- Scottish firms are expected to face job losses due to the National Insurance hike, with surveys indicating hundreds of thousands of businesses may lay off workers.
- A Scottish Government spokesperson announced a £5 million funding increase to help hospices manage the impact of the National Insurance rise and continue providing quality care.
37 Articles
37 Articles
The jobs tax no one voted for: How NIC increases threaten the construction industry
The UK’s construction industry is staring down the barrel of a fresh financial burden as Employer’s National Insurance Contributions (NICs) rise from 13.8% to 15% this April. Simultaneously, the threshold at which businesses start paying has been slashed from £9,100 to £5,000.

Pothole 'could get worse for motorists thanks to Labour's 'Job tax' raid'
MOTORISTS are being warned the “pothole plague” could get worse — owing to the new “Jobs tax” raid. Around 14 million craters could go unfilled due to the National Insurance hike for firms, senior Tories say. AlamyPothole problems could get worse thanks to Labour’s ‘Job tax’ raid[/caption] The warning shot comes after the Local Government Association said the tax raid could blow a hole in town hall finances of around £1.2 billion. Only last mont…
Warning of job cuts and price rises after National Insurance hike - Birmingham Live
The rate of employer NICs will go up by 1.2 percentage points from 13.8% to 15%, and the payments will start when an employee earns £5,000, down from the previous level of £9,100
Reeves hit with court action as care homes 'pushed to the brink' ahead of Labour's latest tax 'blunder'
Reeves hit with court action as care homes 'pushed to the brink' ahead of Labour's latest tax 'blunder' - Rachel Reeves has been warned she faces a legal challenge over her hike to National Insurance Contributions just hours before the measures come into effect tomorrow
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