National insurance rise and trade uncertainty ‘difficult in-tray’ for businesses
7 Articles
7 Articles
Tackling the rise in Employers' National Insurance: what businesses need to know - Business Link Magazine
In this episode of The Streets Sessions, host James Pinchbeck is joined by Michael Greene, Partner at Streets, and Anita Wynne, Managing Director of BestStart Human Resources. Together they unpack one of the most talked-about measures from the Autumn Budget 2024 — the rise in employers’ National Insurance contributions. With the changes now in effect many businesses are beginning […]
Tackling the rise in Employers' National Insurance: what businesses need to know - East Midlands Business Link
In this episode of The Streets Sessions, host James Pinchbeck is joined by Michael Greene, Partner at Streets, and Anita Wynne, Managing Director of BestStart Human Resources. Together they unpack one of the most talked-about measures from the Autumn Budget 2024 — the rise in employers’ National Insurance contributions. With the changes now in effect many businesses are beginning […]
Potential impacts of April’s NIC and minimum wage changes
April 2025 brings significant financial changes for UK businesses, including small and medium-sized fuel distributors. With increases in National Insurance Contributions (NICs) and the National Minimum Wage, employers will face higher payroll costs, squeezed margins, and difficult decisions on pricing and staffing. These changes, announced by Rachel Reeves in October 2024, as part of her Autumn Budget, come at a time of rising costs and market c…
Shifting employee costs, risks payroll compliance - Grunberg & Co
The Government has pledged to shield workers from an increase in National Insurance Contributions (NIC) and Income Tax. Unfortunately, the same protections do not extend to employers who have seen a significant increase in the costs associated with employees. Employer NICs have increased and this, coupled with increases to National Minimum Wage and National Living Wage, have left employers in a challenging position regarding their payroll expens…
Prices up, hiring down: businesses struggle against policy changes
Scottish businesses are raising prices and hiring fewer staff in response to growing financial pressures as a result of the increase in employer National Insurance Contributions (NICs), according to the Fraser of Allander Institute at the University of Strathclyde. The latest edition of its quarterly Scottish Business Monitor revealed that almost nine out of 10 of 250 businesses surveyed in March anticipate higher business costs over the next si…
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