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Region reacts to Tory plans to scrap NI hike

30th March 2010

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Chancellor George Osborne

Chancellor George Osborne

THE Tories have outlined plans to block some of next year's planned National Insurance tax rises.

The move follows Chancellor Alistair Darling's announcement that there would be a rise in National Insurance for both employers and employees. The 1p hike, affecting anyone earning more than £20,000, is due to come into effect next April.

But Shadow Chancellor George Osborne announced yesterday that his party's plans to block the hike would benefit anyone earning up to £45,400, although the new rate wou......for the full story register now for free or login below...


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