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The Forum of Private Business (FPB) has spoken out against a proposed Workplace Parking Levy (WPL) which will charge businesses for providing staff parking spaces.
The Business Secretary, Vince Cable has announced plans to implement a 'one in, one out' system for regulation, to ensure that small businesses aren't burdened with higher costs for compliance.
The government plans to scrap the fixed retirement age of 65 from October 2011.
june 2010
New businesses outside the south-east and London will have a £5,000 employers’ National Insurance exemption for each of their first 10 employees.
To encourage SMEs to expand and to improve the employment rate, George Osborne has announced NI exemptions for companies for their first 10 workers.
This only applies to companies outside London, the south east and the east of England, to address the imbalances between the regions, and to encourage more business development outside the City and surrounding regions.
Other big stories from the Budget announcement are:
• VAT to rise to 20%
• Rise in
NI threshold
• Corporation
tax cut for SMEs
• Entrepreneurs’
relief increased
• CGT increased by 10% - but not
for basic rate taxpayers
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