RECENT figures, revealed in answer to a Parliamentary Question tabled by Redditch MP Karen Lumley, show that in the West Midlands up to 101,000 employers will be able to benefit from the Government’s Employment Allowance in 2014-15.
From April 2014 every business and charity will be entitled to a £2,000 employment allowance to reduce their employer NICs bill each year.
The allowance will reduce the costs of employment, supporting small businesses aspiring to grow by hiring their first employee or expanding their workforce.
The Redditch MP said: “I was encouraged to learn how many West Midlands businesses will benefit from the Employment Allowance.
"Cutting the National Insurance jobs tax means saving businesses up to £2,000 and helping them take on more people.
"I believe this government is on the same side of small business, and backing enterprise is part of their long-term economic plan - helping create jobs and give financial security to families across the country.
"Investment in infrastructure, with better roads, rail and broadband will help businesses get products to customers and connect with new markets.
"The scrapping or amending of over 3000 regulations will free business owners to concentrate on what's important - finding new opportunities and growing their businesses."
Mrs Lumley added: "I encourage entrepreneurs in my constituency and throughout the West Midlands to use the Employment Allowance to employ more people and take their businesses to the next level.”