Autumn Statement 2015

Autumn Statement 2015: The Key Issues Impacting Small Business

Autumn Statement 2015: The Key Issues Impacting Small Business

Today, the chancellor of the exchequer George Osborne unveiled the 2015 Autumn Statement– outlining the conservative government’s latest plans for the UK economy over the coming months Prior to the announcement, entrepreneurs called for more regional business support, initiatives to solve the UK’s skills shortage, boost access to finance and abolish Stamp Duty, and while not all wishes were granted – some were. Here, we’ve pulled together the key factors from the statement that will influence small businesses… Reformed business rates and small business rate relief George Osborne announced that uniform business rates will be eliminated and local government will get to keep revenue from business rates by 2020. This, according to the chancellor, is in order to give councils “the tools to driv... »