4 minutes
Scottish businesses are faced with a significant increase in employment costs, with estimates suggesting an additional £3 billion burden, due to the UK government's rise in employer national insurance contributions (NIC) to 15%. Across the UK, business leaders have forecast that businesses are
2 minutes
Wbg has warned that budget changes are setting the stage for a harsh blow to employers, with implications that could shake the foundations of many industries. With the current Employer National Insurance Contributions (NIC) rate of 13.8% set to rise to 15% in April 2025, Craig Allison, associate dir
1 minute
Against the backdrop of a heated debate on the extent to which National Insurance (NI) funds state pensions, Edinburgh-based Aegon UK has highlighted two official UK government reports into the ‘National Insurance fund’. Steven Cameron, pensions director at Aegon, said: “While gove
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