Home Estate Planning Election 2024: Rishi Sunak pledges National Insurance cut in Tory manifesto

Election 2024: Rishi Sunak pledges National Insurance cut in Tory manifesto

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Rishi Sunak has pledged to “keep cutting National Insurance until it’s gone” as he unveiled the Conservative Party’s general election manifesto.

The Prime Minister took to the stage at Silverstone racetrack in Northamptonshire to unveil his party’s suite of policies ahead of the ballot on July 4.

The manifesto document stated: “Our long-term ambition, when it is affordable to do so, is to keep cutting National Insurance until it is gone, as part of our plan to make the tax system simpler and fairer.

“As the next step in that plan, we will cut National Insurance to six per cent by April 2027 – meaning that we will have halved it from 12 per cent at the beginning of this year, a total tax cut of £1,350 for the average worker on £35,000.”

More to follow

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