Day: November 10, 2024

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Background
Chancellor Rachel Reeves

Business

Hospitality bosses warn NICs changes ‘regressive in impact’ on lower earners

Hospitality bosses have told Rachel Reeves her changes to National Insurance are “regressive in their impact on lower earners”, it has been reported. Signatories to the letter organised by UK Hospitality, and seen by The Sunday Times, have said that “some jobs on minimum wage will become unviable” as a result of the new threshold announced at last week’s Budget. The main tax rise in Ms Reeves’ fiscal statement was […]

todayNovember 10, 2024 4

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