From Craig at Full Fact <[email protected]>
Subject Scrutiny of National Insurance reduction's impact paints a more complicated picture...
Date January 9, 2024 5:59 PM
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This week we look at the impact of National Insurance reductions, taxes for online sellers and how much junior doctors earn.

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FACT CHECKS


** Claims about impact of National Insurance reduction don’t tell the full story ([link removed])
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We’ve seen contrasting claims from the Conservatives and Labour about recent changes to personal taxes. The Conservatives claim changes to National Insurance will leave the average worker £450 a year better off. Labour have made a different claim, saying the average working family this year will be £1200 worse off.

On the Conversative claim, it is true that the average worker will pay £450 less in National Insurance this year than if the rate had stayed the same. But when ongoing personal tax threshold freezes are taken into account, the savings for someone on the average salary are substantially smaller. As they’ve now acknowledged, Labour’s claim isn’t correct. The £1,200 figure refers to the estimated net increase in personal tax per household by 2028-29, not this year.


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** There’s no new tax rule for Vinted, Airbnb and eBay sellers ([link removed])
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Posts on social media claiming HMRC has introduced a new tax on people using re-selling apps to earn money from “side hustles” are not true.

HMRC has not introduced a new tax. People who earn more than £1,000 a year from selling personal items may have to declare this to HMRC and pay tax on the profits. What has changed is that digital platforms now have to automatically share some income data with HMRC.


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** How much do junior doctors earn? ([link removed])
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There’s been confusion on social media about the pay of the junior doctors currently on strike—including some posts incorrectly claiming that they are “on £14 an hour”.

This is not correct. Following a pay rise, first-year junior doctors in England receive £15.53 an hour in basic pay only. The average junior doctor, with a few years’ experience, earns much more.

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MORE FACT CHECKS
Also this week...
* Zelenskyy belly dancing video is a deepfake ([link removed])
* Sun doesn’t set at 7pm by mid-February in the UK ([link removed])
* South Yorkshire Police has not arrested a man for inciting hatred by ‘insisting he was English’ ([link removed])

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