Recent changes to employers National Insurance Contributions, the proposed Employment Rights Bill, and a reduction of Business Rates Relief from over 70% to 40% have a massive, cumulative impact on local small businesses.
You can see my question to the Treasury Minister, and his response, here.
The Minister speaks of an increase to Employment Allowance for small businesses, but the reality of the Budget is that it is a case of ‘one step forward and four steps back’ for businesses who will see their National Insurance bill increase far beyond this small relief.
