Holidays come early for new businesses
As announced by Chancellor George Osbourne in the budget a Holiday for New Business scheme has been launched. From the 6th of September 2010 until the 6th of September 2013, businesses outside of London, the South East and East of England can claim a payment holiday from NIC contributions.
The scheme is available for the first 10 employees who started after the 22nd of June Budget statement. Certain criteria apply to qualify for the payment holiday.