Chart: Reduce National Insurance and business rates – poll of economists

Rachel Reeves

Source: HM Treasury

A new survey of economists and policy experts by the Centre for British Progress think tank suggests experts think NICs and business rates should not be used to raise additional revenue, but VAT should

The retail sector has been clear that it thinks the decision last year to ramp up employer National Insurance Contributions (NICs) was a mistake. It has also argued stridently that business rates reform is vital and, it seems, economic experts are in agreement.

 

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