He said there were other additional costs such as increased national insurance contributions for staff.
Its revenues are being earmarked to finance environmental schemes and lower national insurance contributions.
Many women, and the self-employed, are currently penalised for not making full national insurance contributions.
However, other business taxes such as VAT, employers' National Insurance contributions and business rates have all risen.
As a means-tested benefit, Pension Credit payments are assessed on someone's current income not their National Insurance Contributions.
They can then assess "whether they need to take remedial action, which might include making additional National Insurance contributions".
The schools blamed changes in funding, an increase in National Insurance contributions and in employer contributions for teacher pensions.
You have to have enough National Insurance contributions, or credits to make sure that you'll get the full pension.
Under the proposed changes, the agencies would have to pay national insurance contributions in respect of their new employees.
The recent 1% increase in employers' national insurance contributions also tightens the squeeze.
Increases to national insurance contributions, announced in the pre-Budget report last year, meant tax rises were not necessary, he said.
The Scottish Chambers of Commerce urged a rethink on plans to raise National Insurance contributions, branding it a "tax on jobs".
He added that the proposed increase in National Insurance contributions in 2011 was a "tax on jobs" which should be scrapped.
Employers therefore thought that this was reasonable to compensate for their National Insurance contributions by deducting some of the state pension, hence the term clawback.
He has already announced a big tax increase in National Insurance contributions, from 1 April 2003, to help pay for increased spending on health and education.
Payment will be limited to one year for those who are able to do some work and whose payment is based on their National Insurance contributions.
These companies also save money by not having to pay employer's national insurance contributions on the part of the worker's income which is paid as expenses.
The Tories have denied Labour's claims that they will need to raise VAT in order to cover the costs of not raising their planned raise in National Insurance contributions.
In the FT, Mr Fox said there was a strong argument for more spending cuts to reduce "taxes on employment" and called for employers' National Insurance contributions to be reduced.
Their proposals to promote more private-sector jobs for the poor by cutting employers' national insurance contributions and shifting the burden of taxation on to capital-intensive activities from labour-intensive ones merit further consideration.
It says a range of tax measures that will help the alcohol industry - and pubs in particular - have been introduced, including reductions in corporation tax and employer national insurance contributions.
In practice, it could mean someone who has made little or no National Insurance Contributions can get the same minimum income, as a woman who has made 39 years of National Insurance Contributions.
In April, national insurance contributions the money employers pay into the social security system will be extended to include private medical insurance, an incentive for some firms to eliminate the benefit and save the costs.
It will provide a welcome safety net for many women who do not have an adequate state pension, but it could cause animosity among women who have worked hard throughout their lives and paid National Insurance Contributions.
But the plans were criticised by Conservative MP David Ruffley, a member of the Treasury select committee, who said there were "better ways" right now to boost economic confidence - such as cutting workers' national insurance contributions.
The government will have to decide if these individuals should receive the full flat-rate pension, if they first qualify for it after April 2017, despite the fact that they will not have not been making full national insurance contributions for the state second pension in the preceding years.
Writing in the Mail on Sunday, the MP - touted by some as a future leadership candidate - said the coalition "is about to enter the last chance saloon" and must consider a radical programme of tax cuts, including phasing out employers' national insurance contributions.
The British tabloids have repeatedly fulminated about the "madness" of Polish workers in Britain whose children back in Poland receive British child benefit payments: which is not mad at all, but legal and reasonable, as their fathers are working legally in Britain and paying their taxes and National Insurance contributions.
That will make it harder to simplify the way national-insurance contributions interact with personal-income tax.
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