The most widely predicted change to taxation in the UK budget of March 2024 was a reduction

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The most widely predicted change to taxation in the UK budget of March 2024 was a reduction in the rate of national insurance contributions (NICs) paid by employees from 12% to 10%. Using diagrams where appropriate, discuss whether it is better to treat a reduction in a payroll tax as an example of aggregate demand management or of supply side policy in both the short run and the long run.

Posted Date: Jun 11, 2024 10:13 AM

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The most widely predicted change to taxation in the UK budget of March 2024 was a reduction

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