Osborne plans employer tax cut to create jobs
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Shadow Chancellor George Osborne today announced plans to create 60,000 new jobs at the start of a new Tory Government by cutting taxes on employment.
At the party's Manchester conference, he said: "Any new business created in the first two years of a Conservative Government will pay no tax on the new people they employ.
"We will waive employer national insurance on the first 10 people created in any new business.
"We reckon this will create 60,000 new jobs in the first period of a new Government."
The message would be: "Invest here, set up your business here, come and make your enterprise here and we will support you.
"We will send a message loud and clear that this country is open for business."
Mr Osborne said the tax cut would be funded by savings to be announced during the remainder of the conference. "It will be a huge boost to enterprise."
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments