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."
Tweet
