Suffolk Chamber of Commerce have released a video outlining the Chamber's hopes for the Spring Budget 2017.
The three key reforms they will be looking at are:
- reducing businesses’ up-front costs, including reforms to the Apprenticeship Levy, rises in Insurance Premium tax for June 2017 and the Dividend Tax
- reforming the business rates system by removing all plant and machinery from valuation of property, dropping proposals to restrict the ability of Valuation Tribunal for England to order changes and bringing forward the switch from RPI to CPI-based future increases
- fully funding the key provisions outlined in the Government’s own Industrial Strategy Green Paper by improving infrastructure, skills and the barriers to scaling up businesses
