Boris Johnson has secured his controversial £12 billion tax hike which will be spent on the NHS as it recovers from the Covid-19 pandemic as well as meeting adult social care costs in England.
The Commons voted by 319 to 248 in favour of the 1.25 percentage point increase on Wednesday, taking National Insurance Contributions (NICs) from 12 per cent to 13.5 per cent from April 2022.
However, high earning Scots in the upper tax band contribute more in NICs than those in other parts of the UK. Under the separate Scottish tax bands those earning over £43,663 already pay more income tax at 41 per cent rate than high earners in England, who enter a 40 per cent tax band on earnings over £50,270 a year.
Read more on dailyrecord.co.uk
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