PBR 2008: One small step for small business. By Simon Sweetman
Posted by AccountingWEB in Tax, In practice on Tue, 25/11/2008 - 10:40
It wasn’t for small business, says Simon Sweetman, but it was one which actually considered small business...
The Chancellor took the opportunity of the PBR to talkabout small business and its importance to the economy. The truth of the matter is that most of the changes will have a remarkably small effect on the individual small business. It’s all about the psychology and the symbolism.
Take the postponement of the increase in the small companies’ CT rate: a postponement of a 1% increase.
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