The Federation of Small Businesses (FSB) has called on Local Government secretary Sajid Javid to speed up help for small firms \u201cfacing unacceptable increases\u201d in business rates.<\/p>\n
The Federation represents around 160,000 small and medium-sized enterprises (SMEs).<\/p>\n
The letter addressed to Parliament refers to the \u00a3300 million discretionary relief promised in this year\u2019s Budget. However, according to the FSB, many local authorities have yet to design their local distribution system, \u201clet alone pass it on to struggling businesses\u201d.<\/p>\n
It urges the Government to \u201cget a grip\u201d on the situation and make sure local authorities begin allocating relief without any further delay.<\/p>\n
The FSB suggested that more than half a million firms will see a rise in their business rates bill, with more than a fifth of affected businesses expecting to see their bills rise by over 40 per cent.<\/p>\n
Martin McTague, FSB Policy Director,\u00a0said:\u00a0\u201cSmall businesses across the country are still waiting for the promised \u00a3300 million hardship fund to materialise. Local authorities have known their allocation since April, yet it\u2019s likely most will not have schemes in place until August or September at the earliest.<\/p>\n
\u201cThis shambolic delay means some small businesses are being left with no choice but to delay investment, avoid taking on staff or even close their doors, while they are waiting for this assistance.<\/p>\n
\u201cThe Government needs to take control of the situation and instruct local councils to get on with the job so that the relief can reach those struggling businesses most in need.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
The Federation of Small Businesses (FSB) has called on Local Government secretary Sajid Javid to speed up help for small firms \u201cfacing unacceptable increases\u201d in business rates.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"_links":{"self":[{"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/posts\/1932"}],"collection":[{"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=1932"}],"version-history":[{"count":1,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/posts\/1932\/revisions"}],"predecessor-version":[{"id":1933,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/posts\/1932\/revisions\/1933"}],"wp:attachment":[{"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=1932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=1932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=1932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}