Osborne to give NI tax breaks to start ups
Posted by PM | on Mon, 21/06/2010 - 11:45 1603
New businesses outside London and the South East won't have to pay National Insurance for their first 10 employees under a new scheme to be unveiled in Tuesday's Emergency Budget.
The tax break, which is worth up to £50,000 for 400,000 businesses, is expected to last three years and will allow businesses to avoid NI for 12 months.
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