Increase in business tax rate abandoned at last minute
A last minute U-turn has meant that the Chancellor, Alistair Darling, has not pressed ahead with the planned increase of business rates on 1.6 million properties, which were expected to increase by 5 percent today.The surprise announcement came after sustained lobbying from small businesses who revealed that such a hike would mean that many thousands [...]
Increase in business tax rate abandoned at last minute
