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2014 Budget ‘will help small businesses’, pledges Chancellor

Chancellor George Osborne has pledged to address the issues facing the UK’s small businesses, in his forthcoming Budget.

Addressing the Federation of Small Businesses policy conference, the Chancellor said that the Government is keen to hear the views of small business representatives ahead of the Spring Budget, which will take place on Wednesday 19 March.

The Chancellor emphasised a number of business measures recently announced by the Government, including the introduction of the new Employment Allowance, which from April 2014 will grant every UK business and charity up to £2,000 off their employer national insurance contributions bill.

The move is expected to remove over 400,000 businesses from the requirement to pay employer national insurance altogether.

‘We are very much in listening mode. We are hungry for your ideas about what we can do to help small businesses,’ said the Chancellor.

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