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

Advisers predict returns uptick in face of increased market volatility until 2030

Advisers predict returns uptick in face of increased market volatility until 2030

Investor Confidence Barometer from Scottish Widows

Jenna Brown
clock 07 January 2026 • 2 min read
Advisers see more market volatility coming in 2026

Advisers see more market volatility coming in 2026

Uncertainty over the global economy and UK inflation rate

Isabel Baxter
clock 06 January 2026 • 2 min read
Inflation falls faster than predicted ahead of BoE interest rate vote

Inflation falls faster than predicted ahead of BoE interest rate vote

3.2% in November

Michael Nelson
clock 17 December 2025 • 2 min read