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Industry verdict on Spring Statement
- 24/03/2022
- Posted by: Alan Feldberg
- Category: News
The industry has responded to yesterday’s Spring Statement, with both the Institute of the Motor Industry and the Society of Motor Manufacturers welcoming government support for smaller businesses but expressing concerns around training plans. Steve Nash, IMI CEO, said: “Clearly the Chancellor was trying to [...] -
SMMT calls for ‘fundamental change’ in business rates
- 28/10/2021
- Posted by: Alan Feldberg
- Category: News
The Society of Motor Manufacturers has applauded the government’s decision to cut business rates in yesterday’s Autumn Budget, but says it can and must go even further to help the sector get back on its feet after the pandemic. Mike Hawes, SMMT chief executive, said: “The effects of the pandemic continue to [...] -
UK firms ask for flexible rates
- 18/06/2018
- Posted by: Simon Wait
- Category: News
The UK’s SMEs are overwhelmingly calling for business rates to be made both simpler and more flexible, research from Close Brothers Asset Finance reveals. Overall, the figure stands at 71%, with businesses at the larger end of the scale feeling particularly frustrated (see table, below). Business Rates are a tax [...]