George Osborne promises tax break for new businesses

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George Osborne promises tax break for new businesses | Politics | guardian.co.uk .

Any new business set up in the first two years of a Conservative government will pay no tax on the first 10 people it employs, George Osborne announced today in a move aimed at creating 60,000 new jobs across Britain.

Oh joy of joys for the tax abusers: evey one and two person man band in the country will dssolve their business, set up afresh and claim no NIC.

It's another 0% corporation debacle in the making.

Why don't politicians learn to talk to tax fiddlers (like me - though I'm of the benign variety) before making such stupid announcements?

Marks out of ten for competence = minus 3.