Chancellor Jeremy Hunt on Wednesday (6 March) confirmed NI would fall to 8% for the employed and 6% for the self-employed, putting around an extra £450 and £350 a year, respectively, in people’s pockets.
Not Just Travel co-founder Steve Witt welcomed the news, claiming "any move that helps put more money in the pocket of the consumer is a good thing".
However, Abta chief executive Mark Tanzer said that while the decision "may put some money back in people’s pockets", total levels of taxation remained high.
