The hunt for jobs could become easier for over 2,000 young people in Sutton as National Insurance Contributions for under 21-years-olds are abolished.
Around 2,960 people in Sutton could benefit as their employer will no longer have to pay contributions.
Businesses could save £1,000 each year for every young employee earning £16,000.
Tom Brake, Carshalton and Wallington MP, said: “This measure will save businesses money and encourage them to take on young employees, creating more opportunities for young local people.”
I want to stay focused on getting young people into work and this is exactly the kind of initiative needed to give businesses a break and encourage them to start recruiting.”
He believes the decision could help build a stronger economy as businesses grow and create more jobs.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules hereLast Updated:
Report this comment Cancel