Employers National insurance increase – What is the impact to UK businesses?

Labour continues to state that it won’t raise taxes for ‘working people’, with their manifesto promising not to increase the rates of income tax, National Insurance or VAT. The Chancellors Autumn Budget in 2024 did not announce any increase to workers’ National Insurance rates from 6 April 2025, however employers’ National Insurance did rise with the rate increasing from 13.8% to 15%.

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