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FSB in Scotland: Squeezing go-getters wrong move PDF Print E-mail
Thursday, 09 March 2017
Today Chancellor Philip Hammond has delivered his first Budget. 

Andy Willox, the FSB’s Scottish policy convenor, said: “Today the Chancellor chose to put extra pressure on hundreds of thousands of Scottish self-employed people.

“Increasing the tax burden on plumbers, cleaners and musicians, while decreasing corporation tax isn’t the right move. Many people who work for themselves have relatively modest incomes and don’t get paid holidays and sick pay like employees.”

On other announcements: “The decision to delay the quarterly tax reporting requirements for firms underneath the VAT thresholds buys both our smaller firms and his government a little bit of time.

“While the measures announced by the Chancellor in relation to business rates won’t apply in Scotland, it is clear that the systems on either side of the border need to adapt to the rise of the digital economy.”
 

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