Tories pledge to remove Employers NI on new business employees

Further conservative party conference news as ,Shadow Chancellor George Osborne announced that, as part of our plan to Get Britain Working, he will abolish tax on the jobs created by new businesses in the first two years of a Conservative government.

Osborne said that any new business started in the first two years of a Conservative government will no longer pay employer national insurance on its first 10 recruits during its first year.The Tories predict that the move will generate around 60,000 additional jobs over two years.