Conservatives pledge to halve employer national insurance for young workers

Summarised from 2 outlets · Updated 7 Oct, 00:24 · Archive

The Conservatives pledge to halve employer national insurance to 7.5% for workers aged 21 to 24.

The Conservative Party has pledged to halve the employer national insurance rate for young workers. The flat rate would be reduced from 15% to 7.5% for workers aged 21 to 24, at an estimated cost of £2.3 billion, according to the party's announcement.

The proposal forms part of the Conservatives' plans to support youth employment and reduce the tax burden on employers hiring younger workers.

Conservatives pledge to halve employer national insurance for young workers — Image: Evening Standard

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How it is being reported

Tories pledge to halve employer national insurance for young peopleThe flat rate would be slashed from 15% to 7.5% for workers aged 21 to 24 at an estimated cost of £2.3 billion, the Conservatives said.Evening Standard · 7 Oct, 00:04
Tories pledge to halve employer national insurance for young peopleThe flat rate would be slashed from 15% to 7.5% for workers aged 21 to 24 at an estimated cost of £2.3 billion, the Conservatives said.Independent Business · 7 Oct, 00:04

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