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UK Conservative Party Proposes NI Tax Holiday


Break would apply to small businesses' first ten recruits

Small business owners in the UK may want to keep a little something in mind the next time they get the chance to vote: the Conservative Party would like to implement a tax break on employers' National Insurance contributions.

FPB LogoAs explained by the Forum of Private Business in a statement, this "would apply to the first ten people recruited by a firm," and "was unveiled by the party as one of a series of measures it plans to introduce to 'get Britain working' should it win power at the next general election."

Matt Goodman, the FPB's policy representative, then responded to the idea by saying, "We will examine the savings that will need to be made to pay for this initiative, but welcome it in principle as a genuine stimulus to employment, small business growth and sustained economic recovery."

Now, as usual, this article's not intended to promote one political party over another, and no one's claiming that our coverage of this field is extensive (meaning "sorry" if we choose to cover something other than a different party's reply or alternative plan).

Still, the info seemed worth passing along, and it may provide small business owners in the UK something to look forward to.

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About the author:
Doug Caverly is a staff writer for SmallBusinessNewz.

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