FSB demands rate reform for business

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The Federation of Small Businesses has joined the clamour for the Chancellor to deliver an Autumn Statement that supports business.

It wants business rate reform, tax simplification, better roads and faster broadband - and solid support for small firms.

The demands are in its submission to Government in advance of the Statement on December 3.

Gordon Millward, FSB regional chairman, said: “With continued uncertainty in the Eurozone and elsewhere, the priority must be to place the UK economy on a sound footing to secure its future and create the best possible environment for firms to do business, in the UK and globally.

“Businesses want an Autumn Statement that delivers stability and certainty, and provides them with incentives to grow and create employment.

“That means investing in our infrastructure to match the world’s best, whether that be broadband, road, rail or air.

“Regional connectivity, particularly between our great cities in the North, must be improved if the region is to reach its full potential and challenge the economic prowess of London. We encourage the Chancellor to progress plans to set out how that vision might be fulfilled. Likewise, we would like to see sights set far higher on broadband connectivity to power the UK’s digital economy.

“On taxes, businesses will be looking for measures to ease the cost of business rates, and a commitment to fundamental reform of the current, outdated system. To support business growth and reduce costs, further efforts to simplify our complex tax system should also form a central part of the Statement.”

The Star is running a campaign for a business rates overhaul. Sign our petition: http://chn.ge/1vuo13N