Election 2010: Tories would raise NI threshold for employers

Laura Miller
clock

The Tories have pledged to raise the the secondary threshold at which employers start paying National Insurance (NI) by £21 a week, countering what it calls Labour's "job tax" of a 1% NI increase.

Unveiling their party's manifesto today at Battesea Power Station, the Conservatives also promised employees a rise of £24 a week in the primary NI threshold and in the Upper Earnings Limit by £29 a week. The Tories claim seven out of 10 working people - those earning between £7,100 and £45,400 - and almost every employer will save up to £150 a year per person compared to under Labour. Lower earners will get the greatest benefit as a percentage of their earnings, it says, adding nobody will be worse off as a result of these changes. "One thing is clear," the party states, "we can't...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

Interest rate cuts expected after UK GDP edges up 0.1%

Interest rate cuts expected after UK GDP edges up 0.1%

Construction output lowest since 2021

Patrick Brusnahan
clock 12 February 2026 • 2 min read
Leaked Budget document viewed almost 25,000 times ahead of speech

Leaked Budget document viewed almost 25,000 times ahead of speech

Office for Budget Responsibility chair Richard Hughes quit as a result

Jenna Brown
clock 11 February 2026 • 2 min read
BoE's Andrew Bailey: World economy 'remarkably resilient' amid uncertainty

BoE's Andrew Bailey: World economy 'remarkably resilient' amid uncertainty

Markets now 'cautious'

Patrick Brusnahan
clock 09 February 2026 • 1 min read