Sevenoaks Businesses Leading The Way

Michael met with local business leaders ahead of the spring Budget to discuss how the Government was helping them reach their full potential.

During the meeting Michael confirmed that Sevenoaks was leading the way; the number of businesses in the area had increased by 1.3% in 2013, compared to 0.6% in the South East region and 0.8% across the UK.

He reinforced the fact that more help was on the way from Government, with every single business set to benefit from the new Employment Allowance which will give them a £2,000 tax cut from their National Insurance this April. The reduction in small companies tax to 20 per cent and the doubling of small business rate relief will give businesses in Sevenoaks the right environment to continue to grow as our economic recovery accelerates.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.