Finch-Saunders & Ramsay: Instant help required for small businessesMar 14th, 2012 | By admin | Category: Business, Politics
In an opposition debate on Wednesday March 14th, the group will call for business rates to be scrapped for all small businesses with a rateable value of up to 12 thousand pounds and tapered for those with rateable values of between 12 and 18 thousand pounds.
Small businesses across Wales are still waiting for the findings of an on-going business rates review. The Welsh Government said this would be published by the end of February but now claims the review’s findings will be announced “shortly”.
Welsh Conservatives strongly believe urgent action should be taken in the interests of small business support and economic growth.
Shadow Minister for Local Government, Janet Finch-Saunders AM, said:
“In terms of getting the economy moving, business rate relief is one of the strongest tools at the Welsh Labour Government’s disposal.
“It’s a simple, straightforward and uncomplicated way of putting money back into business bank accounts and allowing it to be spent on staff and development.
“SMEs are the lifeblood of the Welsh economy and require the very best support available. At the moment, that is not forthcoming.”
Shadow Minister for Business, Nick Ramsay AM, said:
“This policy is about immediate relief for small businesses and instant help for the Welsh economy. It would be an ideal way to stimulate enterprise births, rejuvenate local economies and give existing small businesses an opportunity to grow and prosper.
“Wales will continue to be reliant on the public sector until Labour gets its act together and makes constructive decisions on the economy.
“Helping small businesses survive and expand and making the option to become an entrepreneur a more realistic and achievable goal are critical to Wales’ economic recovery.”
- Assembly Member highlights importance of small businesses at chip shop opening Mohammad Asghar, National Assembly Member for South Wales East, this week attended the opening of a new fast food restaurant...
- Conservative plans to help small businesses Clwyd West MP, David Jones, has welcomed three new policies to be implemented by the next Conservative Government, to help...
- AM calls for more help for small businesses Plaid Cymru Assembly Member Simon Thomas has called for more help from the Welsh Government for small businesses across the...
- Finch-Saunders: Welsh ports firms hit by Labour’s tax bombshell Ports firms in Wales will be disproportionately hit by backdated bills for business rates, it emerged today. The UK Government...
- Millar: Small businesses key to raising prosperity Commenting on figures showing considerable variation in the Gross Value Added (GVA) rates across the regions of Wales, Darren Millar...