Today news
Boris Johnson
Alexander Boris de Pfeffel Johnson Hon FRIBA (born 19 June 1964) is a British politician, writer, and former journalist serving as Prime Minister of the United Kingdom and Leader of the Conservative Party since 2019. He was Foreign Secretary from 2016 to 2018 and Mayor of London from 2008 to 2016. Johnson was Member of Parliament for Henley from 2001 to 2008 and has been MP for Uxbridge and South Ruislip since 2015. Ideologically, Johnson identifies as a one-nation conservative.
Related News
Boris Johnson Scotland record band Boris Johnson Scotland

National Insurance: Scots high earners to pay more than equals in England for Boris Johnson's tax hike

Reading now: 151

Scottish tax bands those earning over £43,663 already pay more income tax at 41 per cent rate than high earners in England who enter a 40 per cent tax band on earnings over £50,270 a year.

As well as paying more tax under the different rate, Scottish high earners also continue paying NICs at 12p in the pound on their higher earnings up to the £50,270 mark where NICs fall back to 2p in the pound.Because National Insurance is a tax reserved to Westminster and does not recognise the separate Scottish tax bands there is no adjustment for high rate taxpayers in Scotland to get the lower NIC rate until their earnings hit the £50,000 mark.As a result those earning over £43,000-a-year will end up paying more in NICs than those in England because.

The website is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News