UK.USA

Contributions will increase by 1.25 percent beginning Wednesday, despite a cost-of-living crisis and a tax burden at a 70-year high. The Prime Minister has defended the decision to raise national insurance for millions of workers, claiming that the "necessary, fair, and responsible" increase is "necessary, fair, and responsible." National insurance contributions will rise by 1.25 percentage points on Wednesday. From April 2023 onwards, the NI rate will be reduced to the level of 2021-22, with a new 1.25 percent health and social care levy legally imposed. The UK Government estimates that the tax increase will raise £39 billion over the next three years, which will be used to help reduce the Covid-caused NHS backlog and later reform adult social care in the long run. Boris Johnson stated, " "We must support our NHS in the same way that it supports us. "Because Covid resulted in the longest waiting lists we've ever seen, we'll deliver millions m