The cut to NI announced in the Spring Budget and minimum wages rises from April mean young people aged between 16 and 23 will pay less NI but be paid a higher hourly wage.But companies will be pulled into a ‘fiscal drag’ and pay more in NI contributions and wages for staff on the National Living Wage and National Minimum Wage, which rise on April 1.
.jpeg?trim=0,210,0,208&crop=&quality=70&width=129)
.png?crop=4:3,smart&trim=&quality=70&width=512)
