Moray MP Douglas Ross has hailed the UK Government’s cut in national insurance contributions that employees will be paying, which kicked in on Saturday.
Chancellor Jeremy Hunt had announced the move in his Autumn Statement in November which confirmed that as of January 6, the main rate of employee National Insurance would be cut from 12% to ten per cent.
On average, this will save 2.4 million Scots workers an average of £340 this year.
Douglas says the move is “further evidence” that the UK Government are on the side of his constituents in Moray, which is in sharp contrast to the SNP-Green government who have made Scotland the highest taxed part of the United Kingdom.
He says the actions taken by the UK Government to support the economy and reduce inflation means people in Moray are starting a new year with more money in their pockets.
Moray MP Douglas Ross said: “I am delighted that the new year for employees in Moray is kicking off with a cut in the amount of national insurance they are paying.
“The cut from 12 per cent to 10 per cent is a major boost for workers across the area who will save hundreds of pounds on average.
“This shows how the UK Government are committed to giving people and households across Moray as much support as possible, which is especially welcome in the face of the global cost-of-living crisis.
“It is further evidence that the UK Government are on the side of people in Moray and across the country at this time. That is in sharp contrast to the SNP-Green government who have made Scotland the highest taxed part of the United Kingdom and appear to think more taxes are the only way to fill the black hole they’ve made in Scotland’s finances.
“The economic moves by Rishi Sunak, Jeremy Hunt and the Conservative UK Government to support the economy and reduce inflation mean we are in a position to deliver a cut in National Insurance at this important time.”
