SME Guidance and the Autumn Statement: David Clark Comments in Talk Business:
SME Guidance and the Autumn Statement: David Clark Comments in Talk Business:
David Clarke, a partner in the Corporate and Commercial team at IBB Solicitors:
“As part of a bold plan to rebalance the economy and to devolve power back to local leaders, the Chancellor, in the Autumn Statement, outlined his plans to enable local government to be self-sufficient by the end of the Parliament. By permitting local authorities to retain 100% of business rates, abolishing the uniform rate and allowing them to reduce business rates to stimulate growth, local leaders will be able to take responsibility for driving local growth. Any increase in business rates is only possible if used to fund specific infrastructure projects. In the meantime, many small businesses will continue to benefit from existing reliefs.”
