The Sound of the
Voice of British Business
Across the UK, the CBI speaks on behalf of 190,000 businesses of all sizes
We explained to Government, stakeholders and the media that our members wanted to see the Annual Investment Allowance made permanent from 2016. This would support their long-term investment, especially small and medium-sized firms.
John Cridland on the Annual Investment Allowance:
"Making the AIA permanent will help our businesses invest in new equipment to fully unlock their potential, especially when it comes to exporting British goods to high-growth markets. It could also add up to £1 billion to GDP by 2020."
We made the case for a Business Tax Road Map that provided clarity on the full range of business taxes to spur on entrepreneurship
John Cridland on a Comprehensive Business Tax Road Map:
"Top of George Osborne's list should be creating stability and certainty that businesses crave. That means building on the gains made in the last Parliament by locking in responsibility from the very beginning.
“We're looking for detail on the fiscal rules the Chancellor intends to live by and progress on a comprehensive business tax roadmap, to remove complexities and ensure it doesn’t act as barrier to firms with ambitions to scale up."