Thursday 3 September 2009

£100m tax hike threat to 100,000 small firms Read more: http://www.dailymail.co.uk/news/article-1208021/100m-tax-hike-threat-100-000-small-firms.html#

Tax rises of £100million are threatening to drive tens of thousands of small firms out of business, the Tories warn.

Ministers have admitted that 100,000 of the smallest companies are likely to be taxed an average of £1,000 extra each over the next three years.

The Government's own estimates suggest that one in 20 firms will go out of business while trying to pay.

Read more: http://www.dailymail.co.uk/news/article-1208021/100m-tax-hike-threat-100-000-small-firms.html

Source: Daily Mail


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