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Tax cuts are the best way to mark Small Business Saturday tomorrow, say Newcastle Liberal Democrats. There's a quick and easy way to help them keep staff employed.

December 3, 2021 12:30 PM

Cllr Robin AshbyNewcastle Liberal Democrats have joined their Party's demand for tax cuts for small businesses ahead of Small Business Saturday

"Cafes, shops and start-ups are all looking at this winter with dread, yet all Prime Minister Johnson and his Chancellor can muster up is a massive new tax bill. The Conservatives must be living on another planet if they think the answer to business owners' problems is to put up their taxes, "said Robin Ashby, who speaks for Newcastle Liberal Democrats on business and employment matters.

"This country was promised tax cuts by the Conservatives, but yet again their promises have been proven not to be worth the paper they are written on.

"People and businesses need help now. We want to give our dedicated local business owners and entrepreneurs a helping hand, and to truly unleash Britain's potential. They are the backbone of the economy. They employ about a third of the workforce, they pay their taxes, they provide vital local services. The help some received via business rates and furlough kept them afloat, but more help is still needed, especially so that local shopping areas like Chilingham Road, South Gosforth and Brunton Park don't become boarded up deserts.

"The proposed tax cut would save small businesses an average of £5,000 a year by aiding them with staff costs. It would be achieved by quadrupling the Employment Allowance to £16,000 for a period of two years - a quick and easy response to continuing difficulties many still have."

CONTACT : Robin Ashby 07947114820 robin.ashby5@gmail.com