£7bn tax on jobs looms with NI rise, warn business groups
01 Mar 2010, Kevin Reed, AccountancyAge
http://www.accountancyage.com/aa/news/1809026/gbp7bn-tax-jobs-looms-ni-rise-warn-business
Eight of the most infleuntial business groups have banded together to warn the chancellor that the incoming 1% rise in NI would be a tax on jobs.
The bodies, including the CBI, BCC, IoD and Federation of Small Businesses, will launch an internet petition to call on Alistair Darling to reverse the decision announced in the pre-Budget report.
With an election looming, the plea is also aimed at the Conservatives if they came into power, reported the FT.
Further reading:
Gaming group Rank wants tax reform
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Visitor comments
They wouldn't listen when I pointed this out to them in 1999
I'm looking at a letter from Tim Melville-Ross of the IOD. dated 15th. April, 1999. There are letters from the CBI. and the FPB. as well as others. They all said this would never happen. There was only one large accountants who had an interest and that was Ernst & Young. It didn't come to anything because we were too far ahead of the game.
The only way out of this mess is not to be found in Westminster or the Treasury. No, the answer is to change the way you work and are paid. In one fashion or another, every Company or Business, can maintain their Board of Directors, and then become just a Holding Company. Then, all Staff, Buildings, Equipment, plus all out-going expenses will become the responsibility of your Off-Shore Agent based beyond the Jurisdiction of any British Court.
The Taxpayers then construct their own alternative system of Public Service Funding based on a County by County Structure. I have spoken to the Norfolk CC. and I have addressed the South Norfolk Districk Council on this subject and the reception was most favourable. Regards, ATFlynn
"Norfolk's Mutineer"
Posted by: ATFlynn, "Norfolk's Mutineer" , 01 Mar 2010 | 00:00