Tories to Give Workers £460 National Insurance Tax Cut

THE Conservatives are planning to raise the national insurance threshold if they retain power.

They plan to raise it from £8,632 to £12,500 per year.

The idea was first raised by Dominic Raab when he stood in the Conservatives Leadership Contest.

Such a move would save the average worker £460.

The move would leave 2.4 million fewer workers paying the levy.

Boris Johnson told TBG - “I think we should be looking at lifting people on low incomes out of tax, lifting the thresholds for national insurance and I would remind you that that’s where my priority is."

“When I was Mayor of London we led the way, for instance with the London living wage and I think lifting NI contribution thresholds would be another good thing to do."