New Government proposals will benefit small businesses across Brighouse, according to a tax and accountancy specialist in the town.
The Small Business, Enterprise and Employment Bill, currently going through Parliament, shows the Government is at last recognising the vital importance of small businesses to the local economy, said David Cramp, who runs TaxAssist Accountants.
“There will be some positive developments for small business owners, if the bill does become law. It will give them crucial clarification on zero-hour contracts, cut red tape and make it much more difficult for company owners to take assets out of a failing business and carry on trading as a new company. Many are left stranded by these so-called ‘pre-pack’ companies, which leave major debts with the small businesses who supply them,” he said.