Freeze business rates for 2014/15!
The FSB is calling for a freeze in business rates for 2014/15. Many small firms simply don’t qualify for the Government’s small business rate relief, resulting in small businesses being hit hard by hikes in business rates making it difficult for many to survive.
Micro firms are the engine of growth. 99% of firms employ less than 49 people. Around 60% of the workforce is in the SME sector and 50% of GDP comes from the SME sector. Why is it that at a time when small firms are struggling, when they are being encouraged to take on staff, and when they are so clearly the drivers of much needed growth in the economy that business rates have not been frozen?!