Much better bloggers than me are tearing into the budget quite admirably but unfortunately I do not have the time today to add to the carcass tearing.
With all these budgets, the nasty stuff is in the detail and I heard George Osborne pick up an increase on NI. Once again, the "stealth tax" is used with vigour. From what I understand, the announcement means that the employee’s NI rate will rise from 11% to 11.5% and the employer's NI rate from 12.8% to 13.3%.
The thing that angered me the most was that once again, they have not bothered to cut the unaffordable public sector. It's madness. It's treasonable.
title h/t: private eye
Posts
No comments:
Post a Comment