Tax 'should be main focus of next government'

News Article - Tuesday, April 29, 2008

filed under: Business

Further information

A recent poll by the British Chambers of Commerce (BCC) has found that 34 per cent of businesses in the UK believe the issue of tax should be the number one priority for the next government.

The poll also found 85 per cent of businesses believe the government does not understand the needs of businesses and only 19 per cent feel that the government would prioritise these needs.

David Frost, director general of the BCC, said: "If we are to remain competitive then the government must cut taxes for both large and small firms and look at reducing other damaging taxes such as fuel duty."

More than a quarter of businesses (26 per cent) said the credit crunch has affected their business' ability to access fresh funds, something that could be monitored using accounting software.

The BCC has 55 local Chambers of Commerce around the UK and provides advice and support to businesses both in Britain and overseas.

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