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Watch Business Live with Ian King: National insurance to be cut from 12% to 10%
Posted
November 22, 2023
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November 22, 2023
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26:01Now PlayingJoin Sky's Ian King live in Cambridge for all the reaction and analysis to today's Autumn Statement.
The chancellor has announced National insurance is to be cut by two percentage points.
In a boost to employee's pay packets, Jeremy Hunt told the Commons that the main 12% national insurance rate would fall to 10% from 6 January - saving those on an average salary of £35,000 over £450 a year.
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