The Queen’s Speech set out the government’s legislative programme for the 2013/14 Parliamentary session including confirmation that the government plans to introduce an annual £2,000 National Insurance rebate for employers from April 2014.
John Cridland, the CBI Director-General, said:
‘Business does not need a raft of new bills at this stage of a Parliament. You cannot legislate your way to economic growth – laws are only ever one piece of the jigsaw.’
‘The surprise £2,000 National Insurance rebate in the Budget will give smaller firms the confidence to take on extra staff.’
‘Extending the General Anti Avoidance Rule is sensible. No one can condone abusive avoidance schemes which serve no commercial purpose other than the minimisation of tax – even if they are legal.’
Internet links: CBI press release Queen’s Speech