DCCI Chief Speaks Out On Budget

DCCI chief executive Ian Girling

Published at 7:48am 17th March 2016.

DCCI chief executive Ian Girling said: “The Chancellor’s clear focus was on delivering stability to the economy, protecting growth and maintaining business confidence.

DCCI chief executive Ian Girling said: “The Chancellor’s clear focus was on delivering stability to the economy, protecting growth and maintaining business confidence.

“Reductions to corporation tax, measures to encourage enterprise and the continued freeze on fuel duty are to be welcomed.

“The raising of the thresholds for business rate relief will also go a long way to helping many small businesses although we would like to see more fundamental reforms.

“Investment in education is encouraging although any reforms must include measures to ensure young people are ready for the workplace when they leave school.

“More broadly, the continued clampdown on tax avoidance and evasion is also encouraging along with cuts to capital gains taxes and investment in infrastructure.

“Internet connectivity is absolutely essential for businesses in Dorset and we welcome any moves to help build the digital infrastructure in the county with the proposed trial of the 5G network planning tool in Bournemouth.”

Ian added: “The small businesses amongst our membership may well see more value in this Budget than some of their larger counterparts although there were few surprises and, as ever, the devil will be in the detail.”