answer text |
<p>This Government is committed to helping UK businesses grow and create jobs. The
NICs holiday was a temporary, targeted scheme to help start ups take on new staff
within their first year of trading. Although take up was lower than expected, the
holiday benefitted over 26,000 businesses and supported over 90,000 jobs.</p><p> </p><p>Building
on the lessons learnt from the holiday, we are taking action to reduce the employer
NICs burden on small businesses and have created the new Employment Allowance which
is simple to administer, permanent and available to all business and charities in
the UK, this is reducing their employer NICs bill by up to £2,000 each year. As a
result, 450,000 employers will pay no NICs at all in 2014-15.</p><p> </p><p>According
to the latest available figures the break down of employers that applied for the National
Insurance Holiday by region, throughout the scheme is as follows:</p><p> </p><table><tbody><tr><td><p><strong>Region</strong></p></td><td><p><strong>Total</strong></p></td></tr><tr><td><p><strong>Northern
Ireland</strong></p></td><td><p><strong>1265</strong></p></td></tr><tr><td><p><strong>Scotland</strong></p></td><td><p><strong>3975</strong></p></td></tr><tr><td><p><strong>Wales</strong></p></td><td><p><strong>1695</strong></p></td></tr><tr><td><p><strong>East
Midlands</strong></p></td><td><p><strong>2645</strong></p></td></tr><tr><td><p><strong>North
East</strong></p></td><td><p><strong>1840</strong></p></td></tr><tr><td><p><strong>North
West</strong></p></td><td><p><strong>4840</strong></p></td></tr><tr><td><p><strong>South
West</strong></p></td><td><p><strong>3975</strong></p></td></tr><tr><td><p><strong>West
Midlands</strong></p></td><td><p><strong>3100</strong></p></td></tr><tr><td><p><strong>Yorks</strong><strong>.
And Humber</strong></p></td><td><p><strong>3265</strong></p></td></tr><tr><td><p><strong>Total</strong></p></td><td><p><strong>26600</strong></p></td></tr></tbody></table><p>
</p><p>The NICs Holiday attracted around 26,600 applicants over a three year period.
Further statistical information on the scheme is available on a factsheet at: <a href="http://www.hmrc.gov.uk/statistics/nics-hol.htm"
target="_blank">http://www.hmrc.gov.uk/statistics/nics-hol.htm</a>. The factsheet
only covers periods from the start of the scheme to December 2012.</p><p> </p>
|
|