Home Business News PM pledges to cut National Insurance

PM pledges to cut National Insurance

by Mark Fitt Political Journalist
20th Nov 19 2:52 pm

Boris Johnson has announced the Tory Party will cut National Insurance so that workers will not have to pay until they earn £12,000 as part of their election pledge.

The current threshold is £8,628 a year, this could see workers saving around £465 per year.

On a visit to an engineering plant in Teesside Johnson was asked by a member of the audience, are the tax pledges for “people like you or people like us?”

The prime minister said, “I mean low tax for people… working people.

“We are going to be cutting national insurance up to £12,000, we are going to be making sure that we cut business rates for small businesses. We are cutting tax for working people.”

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