Rishi Sunak has hinted at further cuts to national insurance in next week's Spring Budget. Speaking at the Scottish Tory conference, the Prime Minister initially refused to confirm potential tax cuts but said he dislikes high national insurance.
Chancellor Jeremy Hunt announced in his autumn statement last year that the levy paid by workers across the UK would drop from 12% to 10% in January. "The Chancellor and the UK Government chose to cut national insurance, there were lots of reasons for that, but first and foremost it is a tax on work," he said when asked if there could be further reductions announced next week. Read more: Rishi Sunak says 'stick with us' as he confirms general election will be held in 2024 "I believe in a country and society where hard work is rewarded that's something that's really important to me ...
and all the people in the Government, and cutting national insurance is rewarding hard work." It is also important to him, the Prime Minister said, that his Government "delivers for people in every part of the United Kingdom".
The Scottish Government, he said, was "making life harder for working people" by increasing taxes. "I want to make life easier for people, I want to give them the peace of mind there's a brighter future for them and their families," he said.