AQW 49667/11-16 Written question to the Minister of Finance and Personnel
To ask the Minister of Finance and Personnel whether she is planning to bring forward any rate reduction schemes for small and medium enterprises, mindful of the impact that the minimum wage will have on operating costs for such enterprises.
Asked by Claire Sugden MLA on 9 October 2015
- Answered
- Written
- Tabled
- 9 October 2015
- Answer due by
- 26 October 2015
- Answered
- 22 October 201513 days after tabling
- Department
- Department of Finance
- Priority question
- No
Answer
The minimum wage was introduced throughout the UK in April 1999 and there is no evidence to date to suggest that it has had a detrimental impact on enterprise or caused job losses.
I have no plans to bring forward rate reductions to address something that has not presented an issue to date.