Birmingham and Solihull business leaders are backing a petition
calling on the government to reverse the planned increase in
National Insurance Contributions.
Birmingham and Solihull Chamber of Commerce and Industry is
inviting members to sign up on-line to reverse the one per cent
employer NI increase planned for April, 2011.
The petition, which can be found at
http://www.no-nics-rise.co.uk/ is supported by Chambers of Commerce
across the UK and other business organisations.
Paul Bassi, president of Birmingham Chamber of Commerc, said:
"Businesses across the country know that it is imperative for the
government to begin the difficult job of repairing the public
finances. But this NIC increase is a 'tax on jobs' and will
discourage companies of all sizes from taking on new staff at a
critical point in our economic recovery."
British Chambers of Commerce research suggests that employers
face a staggering bill of £14bn due to the rise between 2010
and 2014.
Mr. Bassi added: "We urge the Government to work with business
groups to find alternative ways to close the UK's budget deficit -
beginning with a credible plan to reduce inefficiency in public
sector spending. Any Government has to realise that additional
taxes on businesses must be a last resort, not an easy way
forward."