Predictions suggest that the Budget will see a rise in both employer's national insurance payments and the rates of capital gains tax on shares.
Although the Government faces the challenging prospect of a fiscal 'blackhole', it shouldn't come at the expense of SMEs' ambition.
An increase in employer national insurance payments would be anti-growth, impacting cashflow, profit margins and investment levels, as well as hampering job creation.
87% of SMEs call for better tax incentives to help boost growth. More than ever, SMEs need the backing of the budget to thrive in today's economy.
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