Small business forum calls for tax break

The Small Business Council is requesting that the Chancellor not introduce any new tax laws for the next two years, according to the Daily Telegraph.

William Sargent, chairman of the Small Business Council believes that Gordon Brown should avoid new legislation in an attempt to “simplify” Britain’s financial regulations.

The Council, which represents owners and managers of small businesses, wants Mr Brown to take a similar approach to trade secretary Patricia Hewitt’s pledge to avoid introducing any new family-friendly employment laws until 2006.

“Our view is that one of the most effective things people can do is to simplify things, but it’s difficult to simplify if you change things once or twice a year in the Finance bill,” said Mr Sargent.

“Anything that provides coherence and stability is good, even if that stability is at the price of a delay in a small, good thing.”

Mr Sargent also stressed that the forthcoming merger of the Inland Revenue and Customs & Excise could provide an excellent opportunity for the Government to ease pressure on the UK’s small businesses.