Red Tape and Taxes May Prevent New Jobs
There is a warning that companies may refrain from creating new jobs in the face of having to pay higher taxes and more on regulations.
The British Chambers of Commerce (BCC) has announced that new employment legislation and taxes will cost businesses almost £26bn over the next four years. Around half of that will be because of next years 1% increase in employer National Insurance contributions.
Source: http://www.britishchambers.org.uk/business-news/businesses-face-26bn-red-tape-costs.html. (20-01-2010)
Red Tape and Taxes May Prevent New Jobs
The British Chambers of Commerce (BCC) has announced that new employment legislation and taxes will cost businesses almost £26bn over the next four years. Around half of that will be because of next years 1% increase in employer National Insurance contributions.
Source: http://www.britishchambers.org.uk/business-news/businesses-face-26bn-red-tape-costs.html. (20-01-2010)
Red Tape and Taxes May Prevent New Jobs
Labels: bcc, british, chamber, commerce, employment, insurance, jobs, national, red tape, regulations, taxes
