Member

There is one final reason why the change would be hugely beneficial. This tax on entry-level jobs has come as a huge shock to a lot of employers. I have to tell the Minister that it has served to undermine the confidence of business in the Government. I should add here that the Treasury’s stock answer to any suggestion that it should soften the blow, citing the number of small businesses unaffected by the change, serves only to undermine confidence further. It suggests that the Treasury does not appreciate that it is the number of jobs affected that matters, not the number of businesses.