Particle.news

Download on the App Store

Sunak Proposes Benefits Cuts to Eliminate National Insurance

The Prime Minister's plan aims to simplify the tax system and encourage work, but faces criticism for potential impact on welfare recipients.

  • Rishi Sunak plans to cut benefits to fund the scrapping of national insurance, aiming for a simpler tax system.
  • The proposed cuts are part of the Conservative Party's election offer, with the goal of eliminating the tax by the end of the next Parliament.
  • Critics, including Labour and the Institute for Fiscal Studies, question the funding of the plan, estimated to cost £46 billion.
  • The government seeks to reduce the number of people signed off as unfit to work, aiming to shift from a 'sick note' to a 'fit note' culture.
  • The plan has sparked debate over its impact on welfare recipients and the feasibility of funding significant tax cuts without increasing borrowing.
Hero image