Government urged to cut red tape for SMEs ahead of spending review
The Forum of Private Business is calling on the Government to reform tax and red tape for small business ahead of the Comprehensive Spending Review.
The forum is arguing that simplifying regulatory compliance and reducing the red tape burden, including streamlining the tax system, could help the Government’s public sector efficiency drive and also save smaller employers in the region of £12bn per year.
“Put simply, the UK’s economy – ‘UK plc’ – should be run more like a small business, making the most out of the country’s valuable resources and ensuring that all departments work together to create and promote a real culture of enterprise,”
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