TaxCorporate Tax£7bn tax on jobs looms with NI rise, warn business groups

£7bn tax on jobs looms with NI rise, warn business groups

1% NI rise would effectively tax jobs, warns eight influential business groups

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

Tax
returns confuse small business owners

Accountant
jailed for VAT fraud

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