TaxCorporate TaxBudget 2010: SME’s let off business tax

Budget 2010: SME's let off business tax

More than 300,000 SMEs could pay no business rate taxes for a year

Chancellor Alistair Darling said that business rate taxes for SMEs would be
reduced for one year started from October 2010.

The reduction means that 345,000 will pay no business rate tax.

This could affect up to 500,000 business in total.

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