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New Business Rates to impact on Small Business

As you may have read in the press (for example in this BBC News article), changes to the way business rates are calculated will come into force from April of this year. 

The changes have been met with a large reaction from small businesses, with some saying the increased rates will put them under financial stress.

As we at ASC Finance for Business are an organisation which works closely with small businesses on a daily basis, we understand their concerns, particularly in the uncertain political and economic climate in the UK today – small businesses are the lifeblood of our economy, and therefore the Government should be adopting measures to help them grow, rather than using them to simply increase their tax revenues.

 

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