Will National Insurance Be Scrapped in the UK?

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Claims

Last Updated 3 months ago

Rishi Sunak"[O]ur long-term ambition is to... keep cutting NICs until it’s gone."Mar 10, 2024

Yahoo News

"[W]e've cut a third [of National Insurance] in the space of five, six months. We'd like to continue along that track" until National Insurance is disbanded completely.Mar 06, 2024

LBC

"The Chancellor and I, and other members of the Government, have an aspiration to abolish National Insurance through a determinate but long period of time."May 22, 2024

The Express

The "long-term ambition" is to "get national insurance contributions down to the extent that we remove the unfairness."Mar 08, 2024

Sky News

"It is really irresponsible to start making promises [about scrapping National Insurance] without having a faintest idea of where the money is going to come from."Mar 07, 2024

YouTube

Hugo Gye"[I]f the polls are correct and Labour replaces the Tories in office, this policy will surely be quietly put to sleep – even without considering the other difficulties there would be in implementing it."Mar 07, 2024

The i

Roger Bootle"[A]bolishing employee NI contributions is an advisable and attainable goal."Mar 17, 2024

The Telegraph

Paul Johnson"In this context [of tax being its highest ever fraction of national income] talk of abolishing National Insurance does not look realistic."Mar 07, 2024

Institute for Fiscal Studies

The Labour Party"We will not increase National Insurance" but neither will it be abolished.Jun 13, 2024

Labour

Abolishing National Insurance "won’t happen in one Parliament; it is a long-term ambition— it will be the biggest tax simplification in our lifetimes."Jun 18, 2024

Committees

Keir Starmer"[T]he Labour Party will not be sticking to his [Rishi Sunak's] completely unfunded £46B promise" to scrap National Insurance.Mar 13, 2024

UK Parliament

"I don't think it's realistic to say that [abolishing NI] is going to happen any time soon."Mar 07, 2024

The Telegraph

"There is no coherent argument behind" scrapping National Insurance.May 07, 2024