Small businesses were among those named as ‘winners’ in Alistair Darling’s budget yesterday. A £2.5bn growth package, financed by a one-off tax on bankers’ bonuses, was announced in what is widely believed to be Darling’s last budget.
A cut in business rates and a freeze on capital gains tax were also announced, while the investment allowance for small businesses was raised to £100,00 – double its current level.
This will be welcome news to small businesses, many of whom are still struggling to stay on their feet following the end of the recession, with the high cost of utilities such as business gas and business electricity cited by many as among the biggest stumbling blocks.
Keeping track of overheads such as commercial electricity or gas is a delicate balancing act and even as we move out of winter and turn the heating down, most small and medium sized businesses remain concerned about ever-increasing prices.
Switching your business electricity or business gas supplier is one of the easiest ways to bring your business overheads down and save you money. By using an independent advisor such as Energy Advice Line you can take the hard work out of comparing and switching suppliers.
Energy Advice Line enables you to weigh up the prices from leading suppliers of commercial gas and electricity and also provides a star rating system of terms and conditions so that you can quickly understand the often mind-boggling small print and choose the contract that’s best for your business.
Contact Energy Advice Line today to find out how to save money on commercial electricity and gas prices and put your business on the best possible footing no matter what happens at this year’s general election.
Read the full report on how the budget impacts small businesses at This Is Money.
Picture credit: CCA: Coleshill High Street Buildings by amandabhslater on Flickr.