Monday 6 April 2009

Decrease in NI costs could boost small businesses

Small business owners believe that a reduction in employers' National Insurance contribution rate in the forthcoming Budget would provide the biggest boost for their business, according to a new survey by Intuit.

More than 45% of those surveyed listed this as the number one measure that they wanted to see the Chancellor implement, followed by 33% who called tighter government controls of bank charges and 27% who want a further deferment of the rate of increase of corporation tax.

Small firm owners are pessimistic over the budget, with only 10% of respondents believing that April's Budget will include measures that will have a positive impact on their businesses.

Read more: http://www.newbusiness.co.uk/news/ni-reduction-tops-small-firm-owners-wish-list-april-budget

www.ukba.co.uk

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