Small Business Rates
EDM number 591 in 2008-09, proposed by Bob Spink on 26/01/2009.
Categorised under the topics of Small businesses and Taxation.
That this House notes that the Government announced a small business rate increase for 2009 of 5.02 per cent. to reflect inflation, while the standard national non-domestic rate was increased by 4.97 per cent., thereby making small businesses pay a higher rate for what is their third highest business cost after salaries and rent; further notes the Government gave local councils 2.5 per cent. to reflect inflation for the same period; further notes that small businesses are the engine of our economy and will need to create jobs as the UK moves towards recovery; and therefore calls on the Government to review its policies regarding small businesses and to reduce their taxes and costs.
This motion has been signed by a total of 21 MPs.
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