#NationalInsurance cut to kick in but more pay #tax - BBC News -

Combining the impact of the thresholds freezes and the NI cuts, independent think tank the #InstituteForFiscalStudies (#IFS) estimates that for every £1 given back to workers (including the self-employed) this year by the NI cuts, £1.30 will have been taken away due to the threshold changes between 2021 and 2024, with this rising to £1.90 in 2027.
https://www.bbc.co.uk/news/business-68722934
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