N@N

National Insurance 'will put voluntary sector on its knees'

The article from MSN discusses the severe financial strain that the voluntary sector in the UK is facing due to the government's decision to increase National Insurance contributions. This policy, aimed at bolstering public services, inadvertently places additional financial burdens on charities and non-profit organizations. These entities, already struggling with reduced funding and increased demand for services post-economic downturns and the global health crisis, find themselves at a critical juncture. The increase in National Insurance means higher payroll costs, which could lead to reduced services, staff layoffs, or even closure of some organizations. The article highlights concerns from sector leaders who argue that without government support or exemptions, the voluntary sector might not survive this financial pressure, potentially leading to a significant reduction in community support services at a time when they are most needed.

Read the Full MSN Article at:
[ https://www.msn.com/en-xl/politics/government/national-insurance-will-put-voluntary-sector-on-its-knees/ar-AA1vSFOF ]