Skip to main content

Business groups publish Budget wish lists

10 Feb 2017

Ahead of the 2017 Spring Budget on 8 March, business groups have set out their wishes and priorities for both business and the UK economy.

In a letter to Chancellor Philip Hammond, the Confederation of British Industry (CBI) called for the government to ‘back businesses’ growth ambitions’ to help build prosperity across the UK, and to work alongside firms to ‘prioritise stability’ during periods of economic uncertainty.

The CBI has also urged the government to tackle the UK’s ‘outdated’ business rates regime and limit its ‘growing burden’ on businesses.

Echoing the call made by the CBI, the British Chambers of Commerce (BCC) also advised the government to take action on ‘delivering real reform’ to the business rates system.

The business group called for the government to abandon the ‘fiscal neutrality principle’ in business rates reform, labelling this as an ‘unacceptable barrier’ to the revision of the system.

The BCC also recommended that the government bring forward the switch from the Retail Price Index (RPI) to the Consumer Price Index (CPI) to April 2017, instead of during 2020, as is currently planned.

Meanwhile, the Federation of Small Businesses (FSB) has advocated for a ‘pro-business Budget’ that supports self-employed individuals, urging the government to help more people start up in business. Commenting on the issue, Mike Cherry, National Chairman of the FSB, asserted that the FSB is seeking ‘changes to the social security system so that it better reflects today’s economy’, alongside ‘incentives to help the self-employed pay for their retirement’.

Reflecting on the government’s response to its Making Tax Digital (MTD) consultation feedback, the FSB also proposed that HMRC alters its tax digitisation timetable, and implements the MTD initiative in 2020, rather than in 2018 as is currently planned.

The Chancellor will present the 2017 Spring Budget on Wednesday 8 March. Coverage of the key announcements will be available on our website, so please visit regularly.

100% Client Satisfaction Guarantee

At Arlington we love what we do. As proof of this, our staff will do everything to ensure that you receive the best, most reliable and professional service on the market.


Happy Clients

  • "Arlington offer sound business advice and have helped us to increase our turnover this year, whilst reducing our tax bill."
    Mr J McGillivray JM Yachting Limited.
  • "A big thank you to David and the rest of the team at Arlington. Always friendly and reliable. My accounts are dealt with quickly and efficiently and most importantly accurately. Something that wasn't happening when I was tying to produce them myself."
    Mr A Gilchrist Warrior Contracting Limited
  • "With our company growing, we are always getting into various situations where Arlington Accountants are always happy to offer us advice and guide our business to ensure more profits and lower tax payable".
    A. Elber - Director - Circuit Clubbing
  • "Its important to us to have the same people dealing with our affairs from one year to the next. Arlington Accountants take a very personal approach and offer great money saving advice."
    J Sheen - Director - Hambrook Holiday Park Limited
  • "Give Arlington a call now, you will not be wasting your time. They will improve your tax affairs and help you to change your mindset and lifestyle sooner than you think is possible".
    A. Elber - Director - Circuit Clubbing

View our client testimonials