The NI changes are going to cost my organisation £1000 per employee

[flashbac]

The NI changes are going to cost my organisation on average £1000 per employee, The lowering of the threshold alone is going to cost around £600 extra per employee.

We are heavily regulated with fixed income. We're a not for profit. Our customers expectations are increasing. We are now most likely going to have to somehow reduce our headcount now, and payrises for April are going to be off the table.

Just shaking my head really. Our employees don't deserve this. Hard to see how this isn't a tax on jobs.

The lowering of the threshold also means employers have to pay for more workers, because part time salaries are now dragged into it.

A lot of people reading this won't care. All I can say is this NI increase will also affect you. just think about Local authorities, childcare providers and other services. Do you think it won't affect your Councils services/tax bills, to give one example?

(I'm not a Tory bot btw, before anyone starts accusing me of being one. I voted Remain, don't support the Tories at all, can't stand Boris and his cronies.)

https://labour.org.uk/change/labours-fiscal-plan/

Small business (I don’t know the criteria) can already claim it back too, so there’s a limit to how many are exempt before the policy loses any impact in raising meaningful funds.

At the end of the day, and obviously this is my opinion only, a better economy, lower inflation and lower interest rates on mortgages means more money for everyone to spend in shops and on services etc, meaning better business for all and therefore more ability to pay and retain staff.

Op, when you said, " Our customers expectations are increasing," is there anything you can do to manage this and explain the service can't provide......

If I had a business that employed people, I’d be selling it off right away. This budget was disgraceful - hit a minority of people very hard, kept the majority happy. I don’t know why people can’t see that.

GP practices are not as despite providing NHS services they are "private" businesses.

How are these kinds of smart arse comments remotely helpful? It's because of business owners like OP that people even have jobs!
Honestly, the inverse snobbery on these threads is WILD!

Sorry to disappoint but this is not the case at all - look at how far behind in spending on healthcare compared to the rest of the EU:
https://www.health.org.uk/news-and-comment/charts-and-infographics/how-does-uk-health-spending-compare-across-europe-over-the-past-decade
NHS is doing a fantastic job with a horrendous level of underfunding.

All because they didn't want to 'raise income tax'. Instead they've just heavily taxed the person (employer) who pays that income, so the employee is still worse off. Slow. Hand. Clap.

Yes I agree and read that comment with disgust. Soon people are not having avocado and lattes but flooding food banks when people are made redundant! It’s not a joke

it’s so disgusting people are rejoicing this is good news. Good economy means good growth for businesses not a race to the bottom for all. Tax the bloody multinationals dodging tax with UK profits, not the hard “working people”. Soon we won’t have any small businesses and only big brands

It's costing charities £1.4 Billion

That's £1.4 Billion less for good causes

Nice of you to link Starmer’s image but you haven’t answered the question

If that document had said the highest tax hikes since 1993 then we would have had headlines pre GE not after the budget.

@Diaryfear

I think it was a comment on the spending of these third sector organisations, not the OP's personal spending habits and having worked in the third sector, I agree they're not hard up when it comes to catering board meetings etc.

Plus OP has never claimed to be a Business Owner.

NHS is exempt

It sets out exactly what they planned to do and nothing they've done is different to that. If you CBA to read it, that's your choice

First, you have to find someone who wants to buy it!!

DH has been trying to sell his business to retire for the last four years. In light of Wednesday's Budget announcements, the potential purchaser list has got even shorter.

And your evidence for this claim is ... ???

The tories completely fucked everything up and now Labour are being made out to be the bad guys for trying to fix it 🙄 fixing their shit show is always going to be painful.

So everyone missed the highest tax rises since 1993 bar you?

The press included. You must be filtering a lot out atm, bar that manifesto of course.

Can you explain more?

Ooh, how very challenging of you. Two question marks after the unnecessary elipses
From a vsm in the nhs.

.

One thing that made a mark recently was I heard someone say if you want to raise a billon you need to increase the tax on a million people by £1000. Therefore to raise 20bn you need to do so to 20 million people. Of course it will effect quite a lot of people. It doesn't help that the tories had a give away budget for their last one to try and get more votes.

It is going to cause some pain, I'm sure, but not to Local Authorities (as you OP states) or the NHS/schools, as public sector employers will get a rebate.

Will local authorities’ social services and ICBs get an uplift from government for all the careworkers they fund indirectly such as respite services, agencies for domiciliary care and care homes - or will the services to those people just be cut, because local authorities and ICBs can’t fund these increases by shaking the magic money tree?

Umm, that the budget specifically says the NHS and other public sector employers are exempt....

Yes, and all the pay rises given and the min wage increase. There will be sod all left to make a difference after they pay for all this. It’s just smoke and mirrors.