The Labour Party government has been urged to consider charging state pensioners National Insurance at EIGHT per cent. The new Labour Party government Chancellor Rachel Reeves has been told to "charge" pensioners National Insurance to "help pay for social care."

Sir Andrew Dilnot suggested scrapping the age limit for individual contributions, meaning those who continue to work past the state pension age would pay the tax. He said: “At the moment, pensioners do pay tax. They pay income tax and they pay indirect taxes. But they don’t pay the national insurance contributions.

“I think if a government does decide to have a tax that is used explicitly to pay for [social care] in part, then it does seem reasonable to have pensioners covered by that tax, just as those of working age are.”

RE

See Full Page