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Tories pledge to halve employer national insurance for young people
Summary
Kemi Badenoch's Conservatives have pledged to halve employer national insurance for workers aged 21 to 24, cutting the flat rate from 15% to 7.5%. The party says the policy would cost an estimated £2.3 billion once extra tax receipts and lower welfare spending are taken into account.
Latest: The Conservatives announced a proposal to halve employer national insurance contributions for workers aged 21 to 24.
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How it unfolded
Tuesday 6 October
- 19:10The IndependentTories pledge to halve employer national insurance for young people
- 19:04Evening StandardTories pledge to halve employer national insurance for young people
- 12:00Financial TimesBadenoch pledges to halve employers’ NI contributions for younger workers