Lib Dems to push for small business tax cuts at local elections campaign launch
- Credit: PA
Liberal Democrat leader Sir Ed Davey are calling on Boris Johnson to cut taxes for small firms as he kicks off the party’s local elections campaign.
Sir Ed wants the government to slash national insurance contributions for small firms to help aid the country’s recovery from the coronavirus pandemic and spark a recruitment boom.
In a speech in Watford on Tuesday, the former cabinet minister said: “By voting Liberal Democrats this May you will be telling the Tories to cut taxes for small businesses and invest more to create greener, cleaner neighbourhoods.”
As he gears his party up for the May 6 poll, Sir Ed is set to push for the prime minister to help struggling small businesses by quadrupling the employment allowance from £4,000 to £16,000, a move that would provide small firms with a cut in national insurance contributions, according to the Lib Dems.
“If the Conservatives were really committed to rebuilding local communities, they should be giving small businesses a tax cut to take on more staff and radically reforming business rates,” he said.
You may also want to watch:
“But only the Liberal Democrats have clear plans to do that.”
The ex-energy secretary announced plans for a “locally-led green transition”, which the party says is backed by £48 billion of investment.
- 1 Crisis in the unpicked fruit fields shows Brexit is rotten
- 2 Why Australian trade deal could complicate future post-Brexit agreements
- 3 Brexiteers propose return of imperial measurements in report on reducing 'red tape'
- 4 A furious Hoyle accuses government of misleading the House
- 5 Liz Truss urged to let parliament 'take back control' with Brexit trade deal scrutiny
- 6 Why don't Brexiteers like to talk about Brexit any more?
- 7 When Eton took on a team of miners at football
- 8 How the Kominsky Method grapples with growing old
- 9 Michael Gove insists Liz Truss is delivering 'what's best for Britain'
- 10 PM to reveal details of post-Brexit agreement with Australia
The senior politician is expected to emphasise the efforts of Lib Dem councillors during the Covid crisis, heaping praise on the party’s 2,500-plus representatives for providing care home residents with smartphones while in-person visits were banned and volunteering at vaccination centres.
Become a Supporter
The New European is proud of its journalism and we hope you are proud of it too. We believe our voice is important - both in representing the pro-EU perspective and also to help rebalance the right wing extremes of much of the UK national press. If you value what we are doing, you can help us by making a contribution to the cost of our journalism.