PM will reveal measures at CBI conference but faces criticism over plans to cut immigration
Boris Johnson will announce a range of tax cuts for businesses at the Confederation of British Industry conference, as the business group’s director general warned his plans to reduce immigration risked a skills shortage.
The prime minister will promise tax relief for the construction and research industries, plus a tax cut for small employers by raising the allowance for their national insurance bills from £3,000 to £4,000. This comes on top of a previous pledge to lower business rates to help those with premises.
Continue reading…PM will reveal measures at CBI conference but faces criticism over plans to cut immigrationBoris Johnson will announce a range of tax cuts for businesses at the Confederation of British Industry conference, as the business group’s director general warned his plans to reduce immigration risked a skills shortage.The prime minister will promise tax relief for the construction and research industries, plus a tax cut for small employers by raising the allowance for their national insurance bills from £3,000 to £4,000. This comes on top of a previous pledge to lower business rates to help those with premises. Continue reading…