National Insurance
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The National Insurance Disaster Nobody Wants to Admit
In Brief: From April 2025, employer National Insurance contributions jumped from 13.8% to 15%, while the threshold dropped from £9,100 to £5,000 per employee. For businesses employing people on £20,000, costs rose 50% overnight. The result has been immediate: 27% of companies postponed or cancelled recruitment, 16% made redundancies, and 19% froze pay reviews. Oxford…