Labour’s jobs tax will hit working families hardest
With less than four weeks to go before Labour National Insurance starts to bite, it’s clear which sectors will be harmed the most: Those that hard-working families rely on, says Mel Stride
The clock is ticking. We’re now less than four weeks away from the implementation of Labour’s disastrous jobs tax.
But let’s be clear about who is really paying the price for the Labour Chancellor’s latest tax grab: working families.
The Early Years Alliance (EYA) has warned the increase in employers’ National Insurance contributions could have catastrophic consequences for the early years sector, with providers struggling to absorb the rising costs.
The substantial hike in statutory employment costs is forcing nurseries to raise their fees by an average of 10 per cent, as one in seven nursery businesses face closure. The reality for many parents is that the cost of........© City A.M.
