EEF questions Labour’s business rates pledge

Posted on 2 Apr 2015 by Victoria Fitzgerald

EEF are asking whether today’s promise from Labour to reduce business rates for small businesses includes provisions for small manufacturers.

Shadow Chancellor Ed Balls will reiterate Labour’s plans not to carry out the last reduction in corporation tax intended by the Government. The party maintains that slashing business rates would create advantages for 17 small businesses for every large firm. However, EEF representatives are concerned about Labour’s definition of small businesses and urges leaders to…

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