Cameron proposes tax-exemption plan for employers

By David Woods Tuesday, 11 November 2008

Employers could receive a tax exemption for recruiting candidates who have been unemployed for more than three months, if proposals put forward by Conservative leader David Cameron, become policy.

Speaking in Parliament this morning, Cameron said, under his proposal, employers could save £2,500 per recruit and could help create 350,000 jobs.

The £2.6 billion needed to fund the tax exemption would come from money saved from welfare and unemployment benefits. Cameron said: Instead of the Government paying for people to be unemployed, it can pay for them to be in work."

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