To ask the Chancellor of the Exchequer, if she will make an assessment of the potential merits of introducing progressive banding for National Insurance.
National Insurance contribution rates are part of an overall progressive system.The personal allowance (PA) is set at £12,570 this year, meaning the first £12,570 an individual’s income is tax free. Above the PA, income tax is paid at 20 per cent, until t...
National Insurance: Tax Rates and Bands