The chancellor’s autumn budget statement announced changes that could have a devastating impact on the charity and voluntary sectors. NCVO estimates that the sector’s total increased cost of employer National Insurance Contributions will be £1.4bn per year.
The sector is already in a dire situation, struggling to juggle the soaring demand for services whilst costs escalate and funding declines. The decision to increase employer National Insurance Contributions across the charity sector- and not to create an exemption – will be another major strain on their limited resources.
NCVO and ACEVO have issued a joint letter to the chancellor outlining the sector’s concerns. Bury VCFA has signed, and you can make your voice heard, too.
Co-sign their open letter to the chancellor and join them in calling for a commitment to safeguard the sector from increased employer National Insurance Contributions.