Govt plans 1% NI increase to fund social care - reports

Despite manifesto pledge not to increase income tax, VAT or NI

clock • 1 min read
Govt plans 1% NI increase to fund social care - reports

National Insurance (NI) could be increased by 1% for millions of workers to help fund social care, according to reports.

The Daily Telegraph reports Downing Street wants to raise NI by 1%, adding the Treasury would prefer 1.25%. The move would affect about 25 million workers and the self-employed. The Times states health secretary Sajid Javid is pushing for a 2% rise. Ex-health secretary Jeremy Hunt, also writing in the Daily Telegraph, said he favours a new "health and care premium" and it was right taxpayers should contribute more to solve the crisis. In their election manifesto of 2019, the Conservatives...

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