Monday, 8 March 2010

Additional Tax on Employment

APA, in support of other professional bodies including the CBI, FSB, BCC and the CIPD, is calling on its membership to sign a national petition to protest against the one percent increase in employer National Insurance Contributions (NICs) planned for April 2011.

The petition was launched last week in a letter to the Daily Telegraph calling for the Government to work with business groups to find alternative ways to close the UK's budget deficit.

Gareth Osborne of the APA said, “The planned NICs increase for businesses is another stealth tax and one clearly placed on employment. The labour market position is stabilising and employers are starting to feel more confident about recruiting new staff. Any increase in employment related tax could suppress recovery.”

APA plans to become a signatory to the petition; already signed by a number of major organisations, but is encouraging members to sign up to the petition themselves. It can be found at http://www.no-nics-rise.co.uk/


APA

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