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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

Original poster

To be frustrated about NI increase?

109 replies

NotMyselfWithoutCoffee · 19/04/2022 09:02

I understand why NI is important, but at a time when gas, energy etc is going up this on top has royally pissed me off today.

My husband is 26 pounds a month down and I'm 10 pounds down from NI going up, so nearly 40 quid a month we are now paying into NI on top of everything else.
I don't know what we are going to do at the end of the month, we are just barely making ends meet at the moment. I'm even working condensed hours to relieve some of the burden of childcare.

OP posts:
tttigress · 19/04/2022 09:37

Well I agree we should not be having tax rises (for me NI and income tax have merged, the link between NI and an actual insurance have broken).

However, we have spent a ton of money. It would have been better if more people had highlighted the downside of paying people not to work at the start of lockdown.

ChoiceMummy · 19/04/2022 19:14

@tttigress

Well I agree we should not be having tax rises (for me NI and income tax have merged, the link between NI and an actual insurance have broken).

However, we have spent a ton of money. It would have been better if more people had highlighted the downside of paying people not to work at the start of lockdown.

This was highlighted but apparently "necessary", whereas I think that the furlough scheme should have either been repayable or employees made redundant and then having to claim via the benefits system, rather than potentially having thousands in savings and being paid to holiday!
ArnoldBee · 19/04/2022 19:32

On the plus side its only until July.

bellfrint · 19/04/2022 19:34

This was highlighted but apparently "necessary", whereas I think that the furlough scheme should have either been repayable or employees made redundant and then having to claim via the benefits system, rather than potentially having thousands in savings and being paid to holiday!

🙄

Derrymum123 · 19/04/2022 19:38

I feel your pain. I am £50 per month down on wages, plus fuel bill rises. Approx £200 per month with nothing to show for it. Heating never goes on anymore. Filling the car up to get to work an extra £100 per monthx2 (husband travels to work too) it doesn't feel like it will be getting better anytime soon.

Lunar27 · 19/04/2022 19:42

Couple of things there. Useless Tory government lost billions on furlough fraud and millions on bounce back loan fraud. Completely due to incompetence.

Now we're paying for their idiocy through NI and dividend tax increases.

balalake · 19/04/2022 19:48

Express your view via the ballot box if you have elections in your area next month.

OnlyFoolsnMothers · 19/04/2022 19:50

Yep- wages down £50, basics up £300 a month- don’t worry opted out of essentials like a pension- thanks Tories!

bellfrint · 19/04/2022 19:50

Covid & the war hasn't helped but the economy wasn't in great shape before that & then you have Brexit. These tax hikes were coming regardless.

OnlyFoolsnMothers · 19/04/2022 19:51

@bellfrint

Covid & the war hasn't helped but the economy wasn't in great shape before that & then you have Brexit. These tax hikes were coming regardless.
It’s the fuel costs that are killing people- food hikes aren’t great but the gas and electric has floored us
ReadyToMoveIt · 19/04/2022 19:52

With NI and energy price increases we’re down £220 this month. Still trying to see what we can cut to make that money up.

bellfrint · 19/04/2022 19:55

@OnlyFoolsnMothers & that's only going to get worse & apparently may last years.

bellfrint · 19/04/2022 19:56

And the tax at least won't be so bad in June/July (can't remember) as the gov was forced to do something.

Kendodd · 19/04/2022 20:07

Plus, did you know NI contributions as a percentage of earnings FALL once you earn above £4,189. NI really is, a tax on the poor, it's the Tory way.

www.gov.uk/government/publications/rates-and-allowances-national-insurance-contributions/rates-and-allowances-national-insurance-contributions

Notlabeled · 19/04/2022 20:13

Why are so many still shocked that free stuff isn't actually free?
Baffles me.

ReadyToMoveIt · 19/04/2022 20:17

@Notlabeled

Why are so many still shocked that free stuff isn't actually free? Baffles me.
Why do you think we’re shocked? I’m not shocked. I’ve been warning people for 2 years that the covid measures were going to cost us dearly. I’m pissed off that I was right.
bellfrint · 19/04/2022 20:19

NI really is, a tax on the poor,

absolutely

bellfrint · 19/04/2022 20:22

Why are so many still shocked that free stuff isn't actually free?

I don't understand this narrative, what was free? furlough? people were not going to stay home if their livelihood is forcibly taken away. There would be civil unrest, not ideal in a pandemic. Mass redundancies & business closures isn't free either.

GreenLunchBox · 19/04/2022 20:25

All these "it has to be paid for somehow" race-to-the-bottom people on this thread infuriate me. Why do the rich not have to pay? Why is it the little people who are already scraping a living having to have tax rises? Angry

ReadyToMoveIt · 19/04/2022 20:27

@GreenLunchBox

All these "it has to be paid for somehow" race-to-the-bottom people on this thread infuriate me. Why do the rich not have to pay? Why is it the little people who are already scraping a living having to have tax rises? Angry
It’s not that we don’t want the rich people to pay. It’s that we knew that was never an option, especially under his government. What can we do to make the rich people pay?
bellfrint · 19/04/2022 20:28

The theory of making the poor pay doesn't even work. Austerity made debt increase. There has been no investment in the economy & QE has suppressed salaries & inflated assets which doesn't make for increased productivity.

bellfrint · 19/04/2022 20:29

What can we do to make the rich people pay?

Bring capital gains tax in line with income tax for one.

ReadyToMoveIt · 19/04/2022 20:31

@bellfrint

What can we do to make the rich people pay?

Bring capital gains tax in line with income tax for one.

We can’t do that though, can we? I have no power. I knew we’d be the ones to pay for it all. I don’t agree with it, but I knew it was going to happen.
OnlyFoolsnMothers · 19/04/2022 20:32

@balalake

Express your view via the ballot box if you have elections in your area next month.
No don’t do that- local council elections to send a msg to the government is pointless. Vote for who’s best for your area I hate the tory government but our Torie run council is actually quite well run.
bellfrint · 19/04/2022 20:33

We could vote for a party that does that though.