Submitted by Jan Bryan Cosgrove on Wednesday 8th September 2021
Published on Wednesday 15th September 2021
Current status: Open
Open until: Tuesday 15th March 2022
Current Signatures: 62
(count is updated approximately hourly)
Abolish the Upper Earnings Limit for National Insurance
To remove the Upper Earnings Limit in employee National Insurance contributions which, at the moment means that those on £50,000 pa pay only 2% employee NI on their income above that level.
Abolishing the Upper Earnings Limit should increase National Insurance revenue by billions of pounds a year.
Today, someone earning £1 million pays, in effect, 2,4% of gross income on employer NI, whilst someone on £25k pays 7.4%, on £50k 9.7%. An MP pays 6.7% on basic MP salary.
Abolition of the UEL would make contributions more equitable, ensure improved funding the NI system on a sustained basis, and reflect ability to pay.
If you want to sign this petition (as opposed to merely discuss it), you need to do that on the government's e-Petitions website.
22.214.171.124 Sun, 26 Sep 2021 19:24:27 +0100