Andrew Turner – 2014 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Andrew Turner on 2014-06-18.

To ask Mr Chancellor of the Exchequer, what fiscal steps he has taken to support small and micro-businesses in creating new jobs.

Nicky Morgan

Support for small and micro businesses is part of the Government’s long term economic plan to back business and create jobs. From April this year, businesses can access a £2000 Employment Allowance. Over 90% of the benefit of this allowance will go to small businesses – reducing the cost of creating new jobs.

In addition, from April 2015 we will abolish employer NICs for all under 21 year olds making it cheaper for businesses to employ young people.