Posts tagged "National Insurance"
= Q THE sa 4sTIMES Home UK World Comment Life&Style Business & Money Times+ My account Vv Steven Swinford, Political Editor Tuesday October 21 2025, 6.00pm, The Times Budget Economics MK VIDEO Tax raid on solicitors and GPs as Rachel Reeves targets wealthy The chancellor considers the national insurance exemptions offered by limited liability partnerships to be unfair, and will use her budget to change the rules exEW S
Oct 21, 2025 Policy

The £2bn lawyer tax – should Rachel Reeves tax LLPs?

Doctors, lawyers, accountants, fund managers, and other high earning professionals are often members of partnerships and LLPs. They’re not employees – and so there’s no 15% employer national insurance. This creates a big tax saving. The Times is reporting that Rachel Reeves is considering changing this – and that it could raise £2bn. UPDATE evening […]
GIT Yan News Y Opinion Sport Y LIFE&STYLE Y Latest Paper Ambition AM Wearesthay OS Cetuhe: 2024 2°50 jan Updated: Vf-deesday COC. tase 2OF4 237 in Keir Starmer refuses to rule out hike to employer national insurance Chris Dorrell . ° Share Economics Reporter
Oct 15, 2024 Analysis

How to reform employer national insurance – don’t increase it, abolish it

There’s 13.8% employer national insurance when someone’s employed, and nothing when they’re not. That’s unfair – but also creates a huge amount of uncertainty, litigation and tax avoidance. There are reports that Labour is considering increasing employer national insurance. We shouldn’t be talking about raising employer’s national insurance – we should be talking about abolition. […]
-
Nov 16, 2022 Policy

The first thing we do, let’s tax all the lawyers.

The UK taxes high-earning lawyers less than bankers. That’s irrational – and illustrates a wider problem with the tax system. It’s hard to change, but we’d all benefit if we taxed all income in the same way. Here’s the problem: The lawyers have an overall effective tax rate of 47%; the bankers’ rate is 52.3%. […]
asymptote approaching 50%, but with a noticeable kink at the £100k mark
May 24, 2022 Analysis

How much tax do we actually pay on our wages?

That’s not an easy question. In the UK there’s income tax, and national insurance – both shown on our wage slip. But also employer’s national insurance – which the employer pays, and isn’t visible on our wage slip, but evidence suggests is mostly borne by workers (i.e. because the employer has an amount they’re willing/able […]

Legal and privacy

© Tax Policy Associates Ltd, a non-profit company limited by guarantee, no. 14053878

RSS feed