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Small businesses say that tax simplification is top priority

Small businesses say that tax simplification is top priority

British Franchise Association: 

A national survey of UK small businesses has shown that more than 90% of business owners will use their vote today, 7 May.

With total voter turnout at the last general election in 2010 of just over 65%, politicians of all parties are being warned to ignore the sector “at their peril”.

The survey of more than 52,000 business clients across the UK, conducted by small business specialists TaxAssist Accountants, also revealed that 66% of business owners did not think the pre-election debate addressed the issues which are important to small businesses.

More than 78% did not trust that politicians would follow through on the promises they made during the election campaign and nearly 62% said the quality of political debating had decreased in recent years.

“More than half (52%) said tax simplification was their top priority, closely followed by the economy (49%) and lowering the costs of doing business (45%); but [respondents] said they were less than confident that promises made during the election campaign would be kept, with nearly 79% saying they wouldn’t be followed through and 14% saying they were not sure.”

Small and medium-sized firms in the UK employ over 15 million people.