Petition launched to instigate exports tax relief

Posted on 4 Jul 2012 by The Manufacturer

British manufacturing leader, Michael Oliver OBE, has launched an e-petition seeking the establishment of a 10p tax relief on every £1 worth of UK manufactured goods being exported.

Mr Oliver, who founded the specialist valve manufacturing company, Oliver Valves in 1979, said he believes such a tax relief would encourage a flurry of export activity and bring consensus behind the idea that industrial and economic recovery should be led by UK exports. A recent report from Siemens showed that manufacturers themselves are divided…

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