APA has reacted positively to the details of the government's coalition agreement, which were published this week. Central to these plans are corporate tax reductions and incentives for business growth.
Moves to reduce red tape, impose 'sunset clauses' on regulations and review employment law will all be welcomed by small to medium-sized enterprises (SMEs), APA has said in a letter to Business Secretary, Vince Cable MP.
In addition, companies are to benefit from the automatic payment of small business rate relief, a change that may help thousands of SMEs.
Gareth Osborne, Director General of APA said, “This document will come as a breath of fresh air to small business owners. In many ways, it reads like a wish list of things that we (and many other business groups) have been demanding for several years," he stated. "The regulatory burden imposed on business frequently emerges as one of the main problems facing SMEs and the new agreement promises to introduce a 'one in, one out' rule, for legislation and together with sunset clauses to kill off outdated legislation, will hopefully go some way to tackling this issue. APA is encouraged by the coalition's pledge to evaluate the fairness of employment legislation and its impact on Britain's competitiveness.”
He noted that many SME bosses believe employment law is currently excessively skewed in favour of the employee and needs to be rebalanced.
APA
Moves to reduce red tape, impose 'sunset clauses' on regulations and review employment law will all be welcomed by small to medium-sized enterprises (SMEs), APA has said in a letter to Business Secretary, Vince Cable MP.
In addition, companies are to benefit from the automatic payment of small business rate relief, a change that may help thousands of SMEs.
Gareth Osborne, Director General of APA said, “This document will come as a breath of fresh air to small business owners. In many ways, it reads like a wish list of things that we (and many other business groups) have been demanding for several years," he stated. "The regulatory burden imposed on business frequently emerges as one of the main problems facing SMEs and the new agreement promises to introduce a 'one in, one out' rule, for legislation and together with sunset clauses to kill off outdated legislation, will hopefully go some way to tackling this issue. APA is encouraged by the coalition's pledge to evaluate the fairness of employment legislation and its impact on Britain's competitiveness.”
He noted that many SME bosses believe employment law is currently excessively skewed in favour of the employee and needs to be rebalanced.
APA
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