Pre-Budget Report: the main points for businesses

Chancellor Alistair Darling announced a raft of measures affecting employers in yesterday’s Pre-Budget Report (24 November).  

A key change is the hike in National Insurance contributions by 0.5% for almost everyone with effect from April 2011, with both employers and employees paying the higher rate. But there will be some limits - Mr Darling says no-one on less than £20,000 will see their contributions increase.

Currently, employees pay 11% National Insurance on ear... (358 more words)

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