"National Insurance" is trending

Popular tweets on "National Insurance".

Parody Prime Minister
I realise the richest 10% will gain 240 times as much money from the National Insurance change as the least well off, but they deserve it because they are more likely to have voted Tory.
22 Sep, 03:27 PM UTC
Kwasi Kwarteng
I can confirm that this year’s 1.25% point rise in National Insurance will be reversed on 6th November. Its replacement - the Health and Social Care Levy planned for April 23 - will be cancelled. A tax cut for workers. More cash for businesses to invest, employ and grow. @KwasiKwarteng's photo on National Insurance
22 Sep, 01:39 PM UTC
Paul Brand
The @resfoundation says reversing the national insurance rise will see the poorest 10 per cent of households gain an average of £11.41 in 2022-23, while the richest tenth of households stand to gain £682 on average.
22 Sep, 04:25 PM UTC
So basically, National Insurance went up for absolutely no reason whatsoever other than Boris Johnson’s stupid government trying to plug the holes left from their embezzlement 🥴 I feel like I’ve been robbed…
22 Sep, 01:57 PM UTC
David Henig 🇺🇦
The wonders of the exact same MPs who voted for a rise in National Insurance last year now being expected to support its reversal.
22 Sep, 01:51 PM UTC
John Redwood
Good to hear the National Insurance surcharge is to go. We want more better paid jobs so taxing them more is a bad idea. Growth is the best way to generate more tax revenue from greater prosperity.
23 Sep, 05:06 AM UTC
Alastair Stewart
Another fact missing from a lot of tonight's network TV news bulletins: @KwasiKwarteng has committed to retaining the National Insurance threshold increases to lift the poorest in the UK out of paying the tax altogether.
22 Sep, 10:32 PM UTC
BBC Breaking News
National Insurance rise will be reversed from 6 November, UK chancellor confirms ahead of Friday's mini-budget https://t.co/yh3pR8Z6Mw
22 Sep, 01:59 PM UTC
Torsten Bell
Confirmation National Insurance is being cut from 6th November 👇. Impact: - the poorest 10% gain an average of £11.50 this year while top 10% get 60 times that. - the top 5% gain twice as many £s as the entire bottom half of income distribution https://t.co/0T29bPrAMd
22 Sep, 03:57 PM UTC
Michael Jacobs
The Chancellor is holding a 'fiscal event' (that is, a Budget) tomorrow. But he has already announced the cut in National Insurance contributions today. Confused as to what Kwarteng and Truss are doing? So are most economists. Could this end in disaster? It could start in it.🧵/1 https://t.co/vEyLIATwWJ
22 Sep, 05:41 PM UTC
Anthony Costello
Levelling down. The National Insurance cut means people who earn £20,000 salary will save £93 and those who earn £100,000 will save £1093. https://t.co/v0rm1uAWAO
22 Sep, 09:40 PM UTC
Paul Brand
RECAP OF TAX CUTS Income tax: Top rate cut - 45p to 40p Basic rate cut - 20p to 19p National insurance: Rise reversed Stamp duty: Abolished below £250k Abolished below £435k for first buyers Big biz: Cancelled rise to corporation tax No cap on bankers bonuses #minibudget
23 Sep, 09:03 AM UTC
Prem Sikka
Tory Levelling-Up Minister says: "Reversing the National Insurance rise means someone earning £20,000 will get an additional £1.79 a week while a person on £100,000 will benefit from an additional £21 a week. This is fair." They don't feel any shame is saying this.
23 Sep, 08:30 AM UTC
Kevin Edger
National Insurance tax rise reversed immediately. Planned corporation tax rise for next year cancelled. Top rate of tax scrapped. Income tax cut coming next year. I am so glad to see the tax cutting Conservatives are back in business. Huge focus on the economy. #MiniBudget
23 Sep, 09:05 AM UTC
HM Treasury
From 6th November the government is cutting National Insurance by 1.25 percentage points and cancelling the Health & Social Care Levy. This will: ✅ Reduce the tax on jobs ✅ Let families keep more of what they earn ✅ Support economic growth @hmtreasury's photo on National Insurance
23 Sep, 08:56 AM UTC
Martin Lewis
NEW. What will you take home from November when National Insurance is cut by 1.25% points. Our income tax calc has the new figures... https://t.co/34c8bFKbbj
23 Sep, 10:13 AM UTC
Kwasi Kwarteng
More information on today's Bill 👇🏾 https://t.co/gXqafmt1We
22 Sep, 02:14 PM UTC
Not often I comment on politics but had to today. When Boris made changes to National Insurance, Labour were horrified and millions were gonna die. Now Liz Truss has reversed it, Labour say it’s just a drop in the ocean 🤷‍♂️🤷‍♂️
23 Sep, 06:35 AM UTC
Matthew Lesh
The growth statement is excellent. It's hard to know where to start. 👍 Growth and supply-side reform 👍 Reversing the national insurance rise 👍 Cancelling corporate tax increase 👍 Abolishing the additional rate of income tax (45p) 👍 Bringing forward the income tax cut (19p)
23 Sep, 09:31 AM UTC
HM Treasury
Chancellor @KwasiKwarteng has announced that this year’s 1.25% point rise in National Insurance and its replacement, the Health and Social Care Levy planned for April 2023, will be cancelled. A tax cut for workers, while freeing up cash for businesses to invest, employ and grow.
22 Sep, 01:46 PM UTC
The Independent
🚨 Kwarteng confirms reversal of National Insurance hike a day ahead of budget https://t.co/Nn9yVPgqcY
22 Sep, 01:46 PM UTC
Resolution Foundation
The reversal of the National Insurance rise, announced by the Chancellor yesterday, will primarily benefit those who need help the least... @resfoundation's photo on National Insurance
23 Sep, 08:15 AM UTC
Robert Kimbell
Chancellor Kwasi Kwarteng confirms that the Government will reverse the 1.5 percentage point rise in National Insurance rates introduced by his predecessor, Rishi Sunak. “We will review the tax system to make it simpler and fairer,” Kwarteng said, reports The Telegraph.
23 Sep, 09:01 AM UTC
Joy Morrissey MP
Our Growth Plan steps up to support businesses and entrepreneurs: ▪️ Tax simplification ▪️ National Insurance cut ▪️ Simplifying IR35 ▪️ Corporation Tax at 19% ▪️ 38 Investment Zones ▪️ Alcohol duty freeze These measures will help people across my constituency and the country. @joymorrissey's photo on National Insurance
23 Sep, 10:27 AM UTC
Aman Bhogal 🇬🇧🇮🇳
Let's get Britain booming! Income tax Basic rate cut 20p to 𝟭𝟵𝗣 Top rate cut 45p to 𝟰𝟬𝗣 National Insurance Rise reversed saving average worker £𝟯𝟯𝟬 each year Stamp duty Abolished >£𝟮𝟱𝟬𝗞 & >£𝟰𝟯𝟱𝗞 for 1st time buyers We @Conservatives are backing Britain! @AmandeepBhogal's photo on National Insurance
23 Sep, 10:28 AM UTC
Paul Lewis
And if a business hires a new employee in the tax site, then on the first £50,000 they earn… …the employer will pay no National Insurance whatsoever.
23 Sep, 08:50 AM UTC
Lord Myrddin Wizard
Britons brace for Kwarteng to slash VAT in 'game changing' move https://t.co/WgIT2yDKEU 😢BUDGET is on now 9.30 wont be anything for 1950 ladies so don't get hopes up or else you will be disappointed😬
23 Sep, 08:16 AM UTC
@RachelReevesMP @Keir_Starmer Just to clarify then: labour is against cuts in the basic rate of income tax, lowering national insurance, and raising the starting point of stamp duty? Got it. Thanks. Labour is against the working man and woman.
23 Sep, 10:05 AM UTC
Alex Clark
Here's concrete cash figures for today's tax bonanza: an extra £200 for those on £20K - and £5K for those on £200K 🤑🤑🤑 See how much the mini-Budget is saving you in tax with the @Telegraph's calculators here 👉🧮 https://t.co/FX4tS9sKy7 @alex_jay_clark's photo on National Insurance
23 Sep, 10:38 AM UTC
Kristian Hardiman
@ihelpcp1 @The_TUC National insurance caps out after a certain level. There is only a maximum u have to contribute. So someone on 50k gets a payrise will still be paying extra in national insurance. Whilst someone on say half a million will pay the same tax (40%) on that payrise, but not the N.I
23 Sep, 10:32 AM UTC