Comment: National Insurance tax hike u-turn

Author
Susie Parker
Digital Marketing Manager | Business West
16th March 2017

Ian Mean, Director of Business West, Gloucestershire said:

"In a dramatic u-turn yesterday, the government simply scrapped the National Insurance tax hike announced by the Chancellor in the Budget last week. This is a humiliating climb down for the Chancellor who faced a barrage of criticism from business.

"I wrote at the time for Business West that, rather than pausing the tax hike, Philip Hammond should reverse it.

"We can take no personal credit for this screeching u-turn by the Chancellor but we can say that we stood up for self-employed business people. We will continue to do just that."

 

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