Political thing you might not notice if you don’t have small kids: Every nursery right now sending out massive fee increases for April and blaming the government’s NI increase, causing parents WhatsApp groups to light up with people demanding the government opt nurseries out of the tax rise.
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For a min wage nursery worker 40h/w, say £26k pa, that is £2,332 to £3,150 - a 35% increase. Half time? £538 to £1,200 - more than double.
I think it's a no-brainer but lots of people don't like their taxes being spent on helping others. A very sad fact, but a fact nonetheless.
You'd almost expect Reform to pick it up, given the link between high childcare costs, low birth rate, and high projections for future migration.
But I'm not sure their voters join the dots.
Reform voters: fffff...
- Cost
- Bats
- Quality Infrastructure
Unfortunately we have prioritised Quality (rightly) and Bats (subjective)
https://www.tax.org.uk/mps-fail-in-bid-to-create-exemptions-from-employer-nics-increase
Remember this ?
https://www.theguardian.com/politics/2023/apr/19/rishi-sunak-declares-link-childcare-firm-akshata-murty-standards-investigation
6 months go.
And an extra £150 it seems for each of those six months.
Charging parents 20k a year so that they can both work, is an insane bit of policy.
Their Employers NI bill will rise from £400 per annum to £1,171 - nearly three times. Even without the minimum wage rise, the bill would rise to £1,050…
I’m not seeing a 1% rise here - more 250%
Their NI bill just jumped by 48%
However I say the other way because it was 12% last year.
South Wales if you're interested so no extended free hours scheme which might explain some of it.
Actual income tax, not NI, so that everyone knows the thresholds and percentages, not just small business owners and HR departments.
Funny that England has ended up with the most generous offer.
https://bsky.app/profile/keepof4worlds.bsky.social/post/3ljcrtau4hc24
0% increase for us? 🤣