People unaware of NIC hike

Posted on 23 Apr 2014
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One in four workers unaware of NI hike

Research has found that 38% ofpeople are not aware of this year's changes to National Insurance. This monthsees NI payments increase by 1.25%, while from July the NI payment thresholdwill increase from £190 per week to £242. The poll of 1,017 working adults saw 50%say they did not know that the 1.25% increase had been implemented this month,while 58% were unaware that the increase had been previously announced. Many ofthe workers polled said tax rises will place a strain on their financialsituation.

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