UK Budget: Employer NICs Rise by 1.2% as Predicted by GBMM
In a move that confirms earlier projections by the GBMM team, the UK Government has increased employer National Insurance Contributions (NICs), now standing at 15% by 1.2% as part of its latest Budget announcement. This rise, while not unexpected, places significant financial pressure on businesses. Employer NICs are ultimately a tax on jobs—the more you […]
