18 October 2024
Bira is calling for clarity on the government's pledge not to raise taxes on "working people" and its implications for independent retailers.
Bira is urging the government to provide clear assurances that independent retailers will not face increased tax burdens in the upcoming Budget. The association argues that raising costs for small businesses would contradict both the letter and spirit of the government's pledge to protect working people from tax increases.
Andrew Goodacre, CEO of Bira, said: "I would like to know how the government defines working people. Shop owners who work in their own businesses are quintessential 'working people', often putting in long hours to keep their businesses viable and contributing to local economies. Any increase in business rates (property tax) and employers' NI is effectively a tax on these working people.
"If the government is genuinely committed to not raising taxes on working people, it must consider the full impact of any potential increases in business costs on independent retailers. These businesses are already facing numerous challenges, and additional tax burdens could be detrimental to their survival and the vitality of our high streets."
As the Budget approaches at the end of this month, Bira will continue to advocate for the interests of independent retailers.
What does independent retail need from a Labour Government?
Listen to the 'High Street Matters: Election Special' podcast, recorded following Labour's comprehensive election win, to hear the critical issues small high street businesses face, including the pressing topic of business rates that is expected to be addressed in this month's budget announcement.
Hear first-hand from indie retailers about their struggles and the specific actions they want their MPs to take. This Election Special offers a comprehensive look at what the high street truly needs to thrive.
Listen today!
Related News
All News-
List of most endangered high street shops reveals need to protect independents ‘more important than ever’
Over 130,000 independent high street businesses could be in danger of disappearing from UK high streets within the next 15 years if not properly supported, claims new analysis.
-
'Industrial scale' of shop theft for online selling 'worrying', claims Bira as shopkeeper tracks down stolen goods on Vinted
Bira has warned of the growing "industrial scale" of shop theft to fuel online resale, following an incident where a Dorset shopkeeper traced stolen Jellycat toys being sold on Vinted.
-
Bira welcomes action on online marketplace waste compliance for vaping and electrical goods
The Radio, Electrical and Television Retailers Association (Retra) has welcomed the announcement from Defra that waste electrical and electronic equipment (WEEE) regulations will be extended to overseas online marketplaces.
-
Bira to play key role in Treasury's business rates reform discussions
Bira has been invited to participate in crucial Treasury discussions on business rates reform, marking a significant step forward in the association's long-standing campaign to reduce the rates burden on independent retailers.