Feeds

BCC wants business tax rates frozen

Oh, that general election...

  • alert
  • submit to reddit

Website security in corporate America

Election 2005 The British Chambers of Commerce has called on politicians from all parties to pledge that business taxes will not be raised in the next parliament. It says 90 per cent of business leaders it surveyed were worried that future tax increases would have a damaging impact on their businesses.

The announcement comes as Gordon Brown and Michael Howard prepare to address the members of the BCC at its annual conference in London today. Bill Midgley, president of the BCC, said that neither politician should expect an easy ride.

"The continuing debate over whether taxes will have to rise under a future Government is a major worry and employers now need a firm commitment that business taxes will not go up," he said.

He argued that over the last few years, businesses have had to contend with rising National Insurance contributions, other indirect taxes, and an increased burden of regulation. On top of these concerns, he said, speculation about the future of business rates "only serves to increase business fears".

He said any future government should retain central control of business rates, rather than devolving powers to local authorities, and renewed calls for a business environment with less red tape. ®

Update

After hearing speeches from Michael Howard and Gordon Brown, BCC president Bill Midgley said that Gordon Brown has "missed a golden opportunity" to reassure businesses that they will not face big tax increases after the election. He added that Michael Howard's promise of a year-long-tax freeze was welcome, but said that "businesses are looking for long term stability of the tax regime".®

Related stories

Budget 2005: simpler VAT rules, technology boost
British Chambers of Commerce urges gov to cut red tape
Lock up your computers! Crime is everywhere

Internet Security Threat Report 2014

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
JINGS! Microsoft Bing called Scots indyref RIGHT!
Redmond sporran metrics get one in the ten ring
Driving with an Apple Watch could land you with a £100 FINE
Bad news for tech-addicted fanbois behind the wheel
Murdoch to Europe: Inflict MORE PAIN on Google, please
'Platform for piracy' must be punished, or it'll kill us in FIVE YEARS
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
Sony says year's losses will be FOUR TIMES DEEPER than thought
Losses of more than $2 BILLION loom over troubled Japanese corp
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.