The rise, 1% on the rate but an effective 10% increase in payments, was announced last year and takes effect from 6 April.
At the beginning of March Accountancy Age published findings which showed that one in four firms could be forced to cut recruitment as a result of the hike in the tax.
The BCC research comes just days away from the increase taking place but also found that, among SMEs, the numbers of companies saying they will have to take action to cut costs climbed to one in three.
Does Darwin's theory apply to taxation? Colin ponders...
The UK tax gap fell in 2014-15 to its lowest-ever level of 6.5%, revealed official statistics published today
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states