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Daily Mirror
Daily Mirror
Business
Emma Munbodh

6 new tax year blows hitting your money today - from NI payments to pensions

National Insurance IFS United Kingdom

Workers will pay more National Insurance from today despite a Conservative manifesto vow to not raise taxes in this government.

Employees, businesses and the self-employed will pay an extra 1.25p in the pound to help raise billions for social care.

This will appear on payslips as higher National Insurance from April 2022, and will change to a ‘health and social care’ tax from 2023.

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