interestrateripoff Posted October 17, 2015 Share Posted October 17, 2015 http://www.dailymail.co.uk/news/article-3276749/Hidden-5bn-tax-raid-hit-six-million-workers-April.html Around one million private sector workers and 5.4million in the public sector are facing a surprise rise in their National Insurance contributions Workers who earn £25,000 will have to pay an extra £267.80 a year Those on £50,000 a year will have to cough up an extra £478.92 Increase is a consequence of the introduction of the new state pension Well I'm sure this will help cut the deficit and fund the pension system. Quote Link to comment Share on other sites More sharing options...
ARIMA Posted October 17, 2015 Share Posted October 17, 2015 Only applies to those with generous DB pension rights so I won't cry for them too much. Quote Link to comment Share on other sites More sharing options...
porca misèria Posted October 17, 2015 Share Posted October 17, 2015 Only applies to those with generous DB pension rights so I won't cry for them too much. Are you sure? What about those contracted out while also funding their own pensions? Quote Link to comment Share on other sites More sharing options...
ARIMA Posted October 17, 2015 Share Posted October 17, 2015 Don't know - there might be some other minority cases. Think my sweeping statement is valid in the main though. Quote Link to comment Share on other sites More sharing options...
janch Posted October 17, 2015 Share Posted October 17, 2015 Cunning tax rises by the back door. No wonder they don't amalgamate NI into income tax. Quote Link to comment Share on other sites More sharing options...
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