Talk of the impending '1 per cent rise in National Insurance' at first glance makes the forthcoming increases sound modest. Far from it. The one per cent rise applies not to the actual contributions, but to gross pay and is roughly equivalent to a one per cent rise in income tax - an income tax hike by stealth.
The rises, announced by Chancellor Gordon Brown in last April's Budget, apply to both employer and employee, so while nursery staff will see a fall in their take-home pay from next month, nursery owners will see substantial rises in their employment costs.
Register now to continue reading
Thank you for visiting Nursery World and making use of our archive of more than 35,000 expert features, subject guides, case studies and policy updates. Why not register today and enjoy the following great benefits:
What's included
-
Free access to 4 subscriber-only articles per month
-
Unlimited access to news and opinion
-
Email newsletter providing activity ideas, best practice and breaking news
Already have an account? Sign in here
