‘Give small shops £1,000 tax dis­count’

Yorkshire Post - - POLITICS & ECONOMY -

SMALL SHOPS, cafes and pubs should be given a £1,000 busi­ness rates dis­count to help strug­gling high streets, the Fed­er­a­tion of Small Busi­nesses has said.

In its sub­mis­sion to Chan­cel­lor Philip Ham­mond ahead of the Oc­to­ber 29 Bud­get, the FSB also called for a halt in an­nual in­fla­tion-linked in­creases in bills.

They also called for the re­moval of an anom­aly which causes small firms to lose Small Busi­ness Rate Re­lief if they ex­pand into a sec­ond premises, even if both lo­ca­tions are mod­est in size.

“For small busi­ness own­ers, this Bud­get is the Chan­cel­lor’s make or break mo­ment.

“Warm words from the Gov­ern­ment are wel­come, but they need to trans­late into ac­tion.

“Brexit is nat­u­rally front of mind for many in West­min­ster, but it’s im­por­tant to re­mem­ber that small firms cite the do­mes­tic econ­omy as its main bar­rier to growth. Se­cur­ing the right Brexit deal is vi­tal – so too is pro­vid­ing sup­port closer to home.”

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