What The Autumn Statement Means For Britain’s Entrepreneurs

To his credit, the UK Chancellor Jeremy Hunt put the long-term interests of British businesses front and centre of the Autumn Statement.

Most critically, the Government announced it would make full expensing permanent. In 2017, full expensing was the best idea in politics you’ve never heard of; today, the idea that you should let businesses deduct the cost of any investment they do from their corporation tax bills is orthodoxy. As my colleague Derin Kocer explains: “Full expensing gives businesses what they need: incentives to make long-term investments. Making this policy permanent will offer certainty to invest and drive businesses to upgrade the nation’s capital stock, boosting our

→ Continue reading at Forbes - Startups

More from author

Related posts

Advertisment

Latest posts

Enjoy No Monthly Fees with This Easy Cloud Storage Backup, Now $99.99 for 10TB

Disclosure: Our goal is to feature products and services that we think you'll find interesting and useful. If you purchase them, Entrepreneur may...

This Electric Toothbrush Is on Sale for Black Friday, Just $20.97

Disclosure: Our goal is to feature products and services that we think you'll find interesting and useful. If you purchase them, Entrepreneur may...

How to Prepare Your Business to Win Big on Black Friday

There's no shopping day quite like Black Friday. Whether you participate online or battle your way through hoards of determined shoppers, Black Friday can...