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Thursday, 25 March 2010


Matt Thomas

"this is the first budget I can remember where there's an acknowledgement that small businesses actually exist."

Maybe I'm getting cynical in my old age, but I'm more inclined to say it's the first budget I can remember where small businesses aren't treated as an annoyance whose tax affairs are worthy of extra scrutiny.

A couple of other pieces of small-business good news (although I don't have links to back them up I'm afraid) - extension of the 'time to pay' initiative to spread tax payments, and a promise to increase the number of government department contracts going to SMEs. Some have speculated that the second of these might be offset by the hammering all department budgets might get in the spending review after the election, but as a long term aspiration it's to be welcomed.

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