Briefing: distributional effects of the health and social care levy
Background: HM Government is planning to raise national insurance contributions (NICs) from April 2022 by 1.25 percentage points for employee, employer and self-employed national insurance. The purpose is two-fold: to meet demand for NHS backlogs (created because of covid-19) and for the provision of social care. In 2021-22, NICs are... Read more...