Moray MP hails cut to National Insurance contributions

MORAY MP Douglas Ross has hailed the UK government’s cut in National Insurance contributions that employees pay.

Chancellor Jeremy Hunt had announced the move in his Autumn Statement in November which confirmed that as of January 6, the main rate of employee National Insurance would be cut from 12 per cent to 10 per cent. The move kicked in on Saturday, January 6.

On average, this will save 2.4 million Scots workers an average of £340 this year.

Mr Ross said the move is “further evidence” that the UK Government are on the side of his constituents in Moray, something he went on to state is in sharp contrast to the SNP-Green government, accusing them of making Scotland the highest taxed part of the United Kingdom.

The move to cut NI contributions would, he noted, mean people in Moray are starting a new year with more money in their pockets.

Mr Ross said: “I am delighted that the new year for employees in Moray is kicking off with a cut in the amount of national insurance they are paying.

“The cut from 12 per cent to 10 per cent is a major boost for workers across the area who will save hundreds of pounds on average.

“This shows how the UK government are committed to giving people and households across Moray as much support as possible, which is especially welcome in the face of the global cost-of-living crisis.

“It is further evidence that the UK Government are on the side of people in Moray and across the country at this time. That is in sharp contrast to the SNP-Green government who have made Scotland the highest taxed part of the United Kingdom and appear to think more taxes are the only way to fill the black hole they’ve made in Scotland’s finances.

“The economic moves by Rishi Sunak, Jeremy Hunt and the Conservative UK government to support the economy and reduce inflation mean we are in a position to deliver a cut in National Insurance at this important time.”