Nearly half of minimum wage rise will be lost to tax hike, claim Lib Dems

Research published today by the Liberal Democrats has concluded that a full-time worker paid the National Living Wage will see nearly half (44%) of the proposed increase wiped out before it even reaches their bank account due to tax and the increase in National Insurance. Currently, an employee working 40 hours a week and paid … Continue reading Nearly half of minimum wage rise will be lost to tax hike, claim Lib Dems

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