Originally posted by fullyautomatix
View Post
The fact that NI got increased is obvious - this is direct taxation afterwards and nobody should be suprised it gone up considerably in relative terms.
I mean FFS, many moons ago Brown increased NI by 1% for both employees and employers, that was like 5 years ago? Since NI was 11% or so, then this extra 2% actually made up 20% relative increase in NI itself. Why then wonder that NICs increased relatively more over period of 10 years?
Nothing new or suprising in it.
Comment