CBI calls for cut in national insurance contributions
The CBI has called on the government to raise the threshold for employee NICs; this could provide an extra £180 p.a. per employee.
This is one of a list of recommendations proposed in the CBI’s new report A Better-Off Britain.
The CBI believes a cut in NICs would give immediate help to those on the lowest incomes and recommends the threshold be raised to £10,500, the planned level of the income tax personal allowance in 2015-16. For the longer term, the report recommends also reducing employer NICs to provide scope for job creation and pay rises.
Date: 12th December, 2014
Articles from this Author
20th July, 2017
Uncertain times for winding up transactions
3rd July, 2017
9th June, 2017
27th April, 2017
Government places Making Tax Digital legislation on hold
Contact Business Service Partners
Choose from the drop down menu below to select a Partner to contact.
“Good luck to everyone who has also made it as a finalist, I look forward to awards evening later on in the year”-L… twitter.com/i/web/status/8…
For the latest Mercer & Hole news, visit our LinkedIn page mercer-&-hole