Reeves’ £25bn national insurance tax raid has arrived. What happens now?

Sorry, Lionel Richie. Businesses aren’t feeling easy like a Sunday morning. The new tax year is here. And Chancellor Rachel Reeves’ £25bn national insurance tax raid has fallen on thousands of firms.  From today, employers will pay a tax rate of 15 per cent on salaries above £5,000, down from £9,100 previously.  This secondary threshold [...]