budget priority

Red Tape a Budget Priority

A comprehensive review of business regulations and a simpler tax system are the priorities for small firms in this year’s Budget, business groups have said. The demands follow confirmation from HM Treasury that this year’s Budget speech will take place on 24 March. Forum of Private Business (FPB) spokesman, Chris Gorman, said that even the most minor pieces of regulation that affect small firms should be reviewed. “The Government needs to sit down and look at every piece of legislation that affects small businesses to see if it is really necessary. The Better Regulation Executive is doing a reasonable job of simplifying things, but it’s quite piecemeal.” Gorman added that the imminent General Election would be making the Chancellor more aware of small firms... »