- VAT threshold raised from £85,000 to £90,000, benefiting 28,000 small businesses
- Business rates frozen for a fourth consecutive year, protecting over one million properties
- Government sticking to plan to cut taxes, reward hard work, and grow the economy
- £4.3 billion business rates relief package announced
- Exchequer Secretary to the Treasury visits small business to discuss benefits of changes
- Positive reactions from Enterprise Nation and Federation of Small Businesses to the support for small businesses
Source: gov.uk
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
