Entrepreneurs' Forum welcomes 'common sense' scrapping of National Insurance rise for self-employed

Posted on the 15 March 2017

Entrepreneurs' Forum welcomes 'common sense' scrapping of National Insurance rise for self-employed

The Entrepreneurs’ Forum has welcomed the announcement that the Chancellor, Philip Hammond, has cancelled the rise in National Insurance Contributions for the self-employed, which was announced in the Spring Budget last week.

Gillian Marshall, Chief Executive of the Entrepreneurs’ Forum, said: “Self-employed entrepreneurs are the life-blood of the British economy and the Chancellor has applied some common sense to a situation that had some questioning the Government’s pro-business stance.  It’s vital that entrepreneurs are seen as job and wealth generators for the economy and not just a tax target for the Treasury.  Encouraging entrepreneurs to start businesses and subsequently scale them up to employ more people will bring greater benefits to the economy.”