
4th September 2025
NI on rental profits would be a raid on pensions and investment
Comment by Dr Neil Cobbold, Commercial Director, Reapit UK & I Another Budget season, another tax test flight. This time it’s the proposal to extend National Insurance (NI) to rental profits, a move briefed as raising £2bn from so-called “unearned income”. It sounds neat and tidy as a media message. In practice,...