The Caithness Business Index has posted the following article:

How Have Think-tanks And Others Responded To The Autumn Statement?

[IMG][/IMG] The Institute for Fiscal Studies (IFS) published an initial response to the Budget, in which IFS Director Paul Johnson said cuts to the main rate of National Insurance contributions for employees. The self-employed "will benefit millions of workers", and is preferable to cutting income tax rates, as reducing National Insurance contributions "reduces the tax wedge between different sorts of income, benefits those of working age in work, and should have marginally more positive work incentive effects". [Read Full Article]