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Serviced offices in Cardiff news: SMEs 'want simplified taxation in Budget'22nd March 2011

Businesses operating out of serviced offices in Cardiff may agree with one expert's comments.

Martin Lyne, director of small and medium-sized enterprises (SMEs) at T-Mobile, claimed that many companies are hoping for a reduction in red tape in the forthcoming Budget.

He explained how making taxation and growth measures less complicated would be "a welcome change for small business owners".

It was suggested that SMEs would also benefit from "greater support from the major banks with regards to loans and providing greater flexibility over arrangements".

Mr Lyne added that making life easier for these types of organisations would boost the economy as a whole as employment rates would increase and the UK's global market position would rise.

The 2011 Budget is expected to be announced on March 23rd at 12:30 GMT in a statement by the Chancellor of the Exchequer.

Comments made by the HM Treasury suggest the government believes focus needs to be placed on balanced and sustainable growth across a range of sectors.
 

 

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