Federation of Small Businesses (FSB) sets out need for reform as compliance costs and time lost to reporting soar Illustrates how the Value Added Tax (VAT) threshold is serving as a disincentive to grow for more than a million firms Calls for …

Small firms losing £25 billion a year to tax admin as Budget nears, new study shows Read more »

Responding to the Prime Minister Boris Johnson’s Conference speech, Federation of Small Businesses (FSB) National Chair Mike Cherry said: “The vision championed by the Prime Minister today does not match the current lived realities of small businesses and sole traders. For it …

“Time to get back on the pitch”, small firms tell government, after policy-light PM speech Read more »

Federation of Small Businesses (FSB) sets out measures to secure recovery and save taxpayer funds Calls come ahead of Conservative Party Conference and after Labour was seen to “throw down the gauntlet” with regards to pro-business policies and tax cuts to …

“Step up to the plate”, firms urge Government, as they publish Budget asks ahead of Conference Read more »

Today (30 September) sees the end of the furlough scheme, the scrapping of the small employer sick pay rebate, and the closure of the Apprenticeship Incentive FSB is concerned at an ‘autumn storm’: small businesses are facing numerous challenges as …

Season’s turn signals colder environment for small businesses as furlough ends and pandemic support withdrawn Read more »

Responding to the Shadow Chancellor Rachel Reeves’ Conference Speech, as new Federation of Small Businesses (FSB) research indicates that 200,000 small firms would be removed from the business rates system if its reforms to business rates were taking forward by Labour as …

“Everyday economy” should have “everyday entrepreneurs” at heart, say small firms, as Shadow Chancellor sets out agenda Read more »

Responding to the Labour Party’s proposals to increase the ceiling for small business rates relief to a rateable value of £25,000, ahead of more fundamental reform, Federation of Small Businesses (FSB) National Chair Mike Cherry said: “The Shadow Chancellor is right to …

Small firms give Labour plans for business rates reform a warm reception Read more »

Responding to the announcement that the Government will introduce Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) a year later than planned, in the tax year beginning April 2024, Federation of Small Businesses (FSB) National Vice Chair Martin McTague said: “It’s very encouraging …

Millions of sole traders given “breathing room” thanks to fresh tax intervention Read more »