Tax reliefs for SMEs should be extended, says AAT

Small businesses need more support from the government to achieve their responsible business goals and meet net zero, says AAT

A survey of small business owners shows that two-thirds (67%) of small businesses would support the provision of tax reliefs for SMEs undertaking specific activities or investing in specific areas, known as ‘social offsetting’.

In addition, 63% would also welcome free training in specific areas, such as management skills, digital skills and finance, to improve productivity while 72% believe tax relief for work-related training would help their small business and 60% said they supported tax incentives to meet net zero carbon obligations.

Your free features:

  • Breaking news and expert analysis
  • Customisable daily newsletters
  • Six free CPD learning modules each year
  • Personalised CPD tracker
  • Top 75 Firms league tables
  • Regulatory changes
  • Hardman’s Tax Data

Sign up to Business & Accountancy Daily

Related Articles
Subscribe