HARD-pressed workers are in line for another cut in National Insurance payments in next week’s Budget, the PM has strongly hinted.
Rishi Sunak signalled the further boost to take home pay is on the cards in a pre-election giveaway.
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It comes despite alarm bells from the Treasury that latest growth forecasts have left a £2billion shortfall.
Over recent weeks, the PM and Chancellor Jeremy Hunt have tried to downplay more giveaways, with only around £13billion of wiggle-room available.
Forecasts are so bad the Chancellor was locked in back-to-back meetings this week as he went back to the drawing board, insiders said.
But the PM, speaking in Scotland yesterday, said National Insurance is a “tax on work”.
And he went on: “I believe in a country where hard work is rewarded. Cutting National Insurance is rewarding hard work.”
He said the Scottish government is “making life harder for working people” by hiking taxes for the well-off.
NI contributions were already cut in January, from 12 per cent to ten.
Now a secret list has also been drawn up by the Treasury to help raise revenue, which could include scrapping the “non-dom” tax regime.
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