Millions of people will be worse off from today, with the first of two planned rises in National Insurance coming into play. The hikes comes with the first stage of a new Health and Social Care Levy which is estimated to raise £39 billion from hard-working tax payers.
Although the money is set to be invested into the health and social care system, the incline comes at a time when the cost of living is spiralling out of control - with many families already being forced to strip back on expenditure to get by.
Hull Live reports that the Government aims to 'tackle Covid backlogs and reform routine services with the Levy, with hopes of ending spiralling social care costs by providing a limit to the cost of care in the adult social care system.
