TaxCorporate TaxSmall biz says tax hikes will hit employment

Small biz says tax hikes will hit employment

MacIntyre Hudson finds nine out of ten of 450 small and mid market companies expected employment to suffer because of plans to increase NI contributions

Small businesses have warned that plans to raise national insurance
contributions from employers would hit jobs.

In a study, MacIntyre Hudson found nine out of ten of 450 small and mid
market companies expected employment to suffer if the tax went up, the Daily
Telegraph reported.

The Treasury is hoping to raise an additional £2.65bn from employers and
partly pay for the temporary 2.5 percentage point cut in VAT.

Related Articles

Watch out when winding up

Corporate Tax Watch out when winding up

1m Emma Rawson, ATT Technical Officer
How might Brexit affect UK tax policy?

Brexit & Economy How might Brexit affect UK tax policy?

2m Santhie Goundar
Corporation tax losses – your newly flexible friends

Corporate Tax Corporation tax losses – your newly flexible friends

4m Emma Rawson, ATT Technical Officer
HMRC large business tax enquiry duration rises to 3 years

Corporate Tax HMRC large business tax enquiry duration rises to 3 years

4m Emma Smith, Managing Editor
SMEs paying higher rate of corporation tax than big businesses

Corporate Tax SMEs paying higher rate of corporation tax than big businesses

5m Alia Shoaib, Reporter
Big names, little tax: Airbnb, Facebook, Kellogg’s, eBay

Corporate Tax Big names, little tax: Airbnb, Facebook, Kellogg’s, eBay

8m Alia Shoaib, Reporter
New trading allowance: simplicity, but not as we know it

Administration New trading allowance: simplicity, but not as we know it

8m Emma Rawson, ATT Technical Officer
EU divided over radical tax reforms targeting tech giants

Corporate Tax EU divided over radical tax reforms targeting tech giants

8m Alia Shoaib, Reporter