OPINION28 April 2010
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OPINION28 April 2010
This week’s UK TV election debate focuses on the economy. Guest blogger Maggie Drye (pictured), owner of Insitas, will be tuning in, hoping to hear pledges from the party leaders to support small businesses. But will they say the right things, if anything?
97% of businesses employ fewer than 20 people and small firms contribute more than 50% of UK turnover. Employers of small firms support the economy in a big way, by creating jobs and collecting and paying tax, National Insurance Contributions, VAT and other dues to support public services. But running a small business today is more expensive, complex and stressful than it’s ever been.
Below are four things that would help small firms make a bigger and better contribution to the UK economy.
None of them will place a financial burden on the government.
Are you a small business owner? Do you agree with Drye, or are there other critical issues that need addressing? Have your say in the comments below.
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