News Formal

Hiking national insurance could prove Labour's 'poll tax', business leaders warn Rachel Reeves

  • 📰 DailyMailUK
  • ⏱ Reading Time:
  • 20 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 90%

Dailymail News

News,Labour,Rachel Reeves

Hiking national insurance will become Labour's 'poll tax', Rachel Reeves has been warned. In the most vehement criticism yet, business leaders reacted with fury as the Treasury refused to rule it out.

In the most vehement criticism yet, business leaders reacted with fury as Treasury officials refused to rule out raising employers' NI contributions.

But Anna Leach of the Institute of Directors said the tax hike on employers would be 'borne by workers', hitting jobs and wages He added: 'Reeves has no idea how business works and therefore no concept of what damage she might do. Asked about the possibility of the move, Darren Jones said: 'All tax changes will be announced by the Chancellor at the Budget to Parliament.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hiking national insurance could prove Labour's 'poll tax', business leaders warn Rachel ReevesHiking national insurance will become Labour's 'poll tax', Rachel Reeves has been warned. In the most vehement criticism yet, business leaders reacted with fury as the Treasury refused to rule it out.
Source: DailyMailUK - 🏆 7. / 90 Read more »