Lower earners, such as most early years staff, are about to lose more of their pay to income tax.
The cut to National Insurance, announced in the Budget, is ‘not good news’ for nursery staff, the majority of whom will see their taxes rise, according to new analysis by the Resolution Foundation for Nursery World.
Within his Budget, the Chancellor, Jeremy Hunt, announced a 2p cut to the main rates of National Insurance.
The Resolution Foundation’s senior economist, Hannah Slaughter, said this would negatively affect most nursery staff, however.
