“A cut in income!’ Pensioners react in fury to National Insurance increase in April

HomeBusiness

“A cut in income!’ Pensioners react in fury to National Insurance increase in April

Once the NI increase comes into force, the average worker earning £30,000 will pay an extra £255 a year in taxes.However, Britons earning £9,564 or

Daily horoscope for April 7: Your star sign reading, astrology and zodiac forecast
Gardener's April to-do list: Plant salad veg and create a sweet pea teepee
Emmerdale theory: April Windsor is not Marlon Dingle's daughter in devastating twist


Once the NI increase comes into force, the average worker earning £30,000 will pay an extra £255 a year in taxes.

However, Britons earning £9,564 or less a year won’t have to pay the levy.

Anyone aged 16 or over must pay NI if they are working and earning above this threshold.

Some will lose more than others – research carried out by Income Tax UK found that those earning an average salary of £30,000, will lose nine percent of their salary.



COMMENTS

WORDPRESS: 0
DISQUS: 0