FMB praise U-turn on NI con­tri­bu­tions

Yorkshire Post - Property - - PROPERTY NEWS -

TAX RE­LIEF: The Gov­ern­ment has made the right de­ci­sion to row back on its plan to hike up Na­tional In­sur­ance Con­tri­bu­tions for the self­em­ployed, say the Fed­er­a­tion of Mas­ter Builders. Brian Berry, FMB chief ex­ec­u­tive, said: “At a time when we need to do ev­ery­thing we can to en­sure eco­nomic sta­bil­ity, this would have been a desta­bil­is­ing tax in­crease which would have hit large numbers of trades­peo­ple on quite mod­est in­comes.

That would have felt very un­fair and would have been in dan­ger of un­der­min­ing the en­tre­pre­neur­ial spirit Bri­tain will need to rely on as we ap­proach Brexit.”

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