UK Business

UK businesses face a big tax hike. So what does it mean for workers and the economy?

Written by Phil Tomlinson, Professor of Industrial Strategy, Co-Director Centre for Governance, Regulation and Industrial Strategy (CGR&IS), University of Bath

The hospitality sector will be among the most seriously affected.cktravels.com/Shutterstock

Employers in the UK are about to be hit with a hefty tax rise. From April 1 2025, their national insurance contributions are rising to 15% on salaries above £5,000, instead of 13.8% on salaries above £9,100.

Unsurprisingly, business owners are...

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