It’s widely acknowledged that the current business rates system requires a dramatic overhaul, and there has been various pre and post election claims in respect of changes that will be made.
The Government is dipping its toes in the waters of change but will it take the plunge and overhaul this system in a truly radical way?
We have waited with baited breath; first came the election and now the eagerly anticipated Summer Budget announcement. How will the cuts and spends affect SMEs?
SMEs will undoubtedly feel the pinch of the 'New Living Wage' and it appears the loss will not be counteracted by the extension in the 'employment allowance', nor will it be recouped through changes to Corporation Tax as many businesses are just too small to reap the rewards of the latter. Will we experience an adverse affect on the 'Buy British' efforts as many businesses could opt to outsource labour? What would Mary Portas have to say about that!
That's right folks it’s back to business. Just weeks after the big vote, post-election fever is upon us. Will we see a buoyant and thriving commercial property market that the Conservatives so openly campaigned for?
With just one day to go before the General Election, what do the various manifestos propose for our valuable SMEs? What are the promises and where will it all lead?
From the creation of the Small Business Association to the crackdown on poor payments by big companies being proposed at least one thing is for sure there appears to be a realisation that SME’s play a vital role to the economy.
If, like me, you are a key decision-maker within a legal practice, you’ll be all-too-familiar with approaches from marketing and PR agencies, website designers and print houses, all keen win your business.