A recent survey of UK small businesses has revealed that nearly one quarter of those polled favoured increasing taxes on high earners, as opposed to a hike in national insurance contributions to improve public services.
Over half of the SMEs questioned by market information company, Taylor Nelson Sofres announced that they were firmly opposed to the increase, suggesting that better management practices would benefit the National Health Service more than a simple cash injection.
According to the results of the survey, the majority of businesses questioned believed that, if NI contributions must be increased, the burden should be shared between employers and employees. However, some 27% suggested that the cost should be met by empoyees alone.
Speaking to the Telegraph earlier this week, Andy Glazier, research director for Taylor Nelson Sofres observed that: 'Raising National Insurance levels is clearly not a popular approach to improving public services among small businesses.'
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