Firms told: say no to NI rise

Posted on 1 Mar 2010 by The Manufacturer

A range of business organisations including the Confederation of British Industry, the Federation of Small Businesses and the British Chambers of Commerce is urging small firms to sign a petition urging the Government to freeze National Insurance.

The organisations want a planned increase of one per cent, scheduled to be implemented in April 2011, to be reversed. The FSB claims research it has done with the Centre for Economics and Business Research (CEBR) found that increasing employers’ National Insurance by one per cent will cost 57,000 jobs while not providing any significant…

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