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14 Jan 2008
SMEs will struggle further under Labour's tax policy, a report commissioned by the Tories will warn.
The report to be published next month by the European School of Management will show a fall in the number of small businesses, fewer reaching a £1m turnover and fewer business with a turnover of £7m+ five years after setup, over the past ten years.
Professor Davide Sola, the report's author and dean of the school, told the Independent on Sunday that the tax system for small businesses the UK had become less competitive and changes to CGT would 'further undermine' its attractiveness.
'The implications for investment and job creation could be very damaging,' he said.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
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