PBR 2008: The AccountingWEB.co.uk community responds
Darling’s hour-long Pre-Budget Report was heavy on forecast and history: the Chancellor didn’t announce his first policy until almost four o’clock. But what he did say has provoked a whole host of reactions from across the AccountingWeb community. Here’s a summary of how you scored his performance this afternoon:
-1 NIC increase makes hiring people more expensive
As Phil Rees points out, the increased employers’ National Insurance contributions will actually make hiring people more expensive.