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.
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