Ahead of the Chancellor’s Spring Statement, Simon Richards, Finance Director of beam says:
“It is vital for the short and longer term future of our industry that our members invest in their businesses and people, but many cannot afford to take the risk.
“After the pandemic, many small businesses are still paying Bounce Back Loan repayments. These are not tax deductible and are one of the reasons why our members are struggling to find money to spend on their people and properties.
“Tax cuts and a reduction in business rates would help them to do so.
