Budget 2018: Comment on entrepreneurs’ tax relief from Sam Smith, CEO of finnCap

  • Sam Smith , CEO at finnCap

  • 30.10.2018 06:30 am
  • undisclosed

We welcomed the extension of the entrepreneurs’ tax relief announced at last year’s Autumn Budget, and are pleased to see no further changes in this year’s budget, as had been rumoured. Making the relief available only to entrepreneurs who have owned their business for over two years should help promote a stronger commitment by owners to their businesses and encourage them to plan for the long term. With Brexit imminent, we need to incentivise our nation’s entrepreneurs more than ever to help create wealth and build a dynamic economy, both crucial elements in supporting our vital public services and benefiting the UK as a whole.

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