Carmichael welcomes UK Government’s tax cut for 70,000 Scottish businesses

Today the UK Government unveils its National Insurance Contributions Bill which will give a £2000 a year tax cut to around 70,000 Scottish businesses and will take 35,000 out of paying Employers’ NICs altogether. This picture from the Treasury explains all about it:

New Secretary of State for Scotland Alistair Carmichael welcomed the move, saying:

Small businesses are the engine room of our communities and the economy in Scotland.  For them, a £2,000 per year tax cut will be a welcome boost, I hope. It will in fact cut the need for some 35,000 Scottish businesses to pay national insurance contributions at all.

I hope this will send a signal to the business community that we are on their side and want to see them play the fullest part in re-building our economy.

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About caronlindsay

Scottish Lib Dem pro UK activist, mum, Doctor Who, Strictly, F1 and trashy tv addict and blogger.
This entry was posted in Alistair Carmichael, Jobs, national insurance contributions, treasury, uk government. Bookmark the permalink.

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