The Chancellor’s first Budget has delivered on issues that FSB had asked for on behalf of its members, with the Rishi Sunak crediting FSB in his speech.
FSB National Chairman Mike Cherry said: “The Chancellor has thankfully unveiled a small business Budget.
“The measures he’s put forward today – coupled with those unveiled by the Bank of England this morning – should go a long way to reinjecting optimism back into the small business community after years of uncertainty.
“It was encouraging to hear the Chancellor saying he will take forward our proposals for reform of entrepreneurs’ relief, and we look forward to working with the Treasury to protect the thousands of everyday entrepreneurs who make use of this incentive to help fund their retirement every year.
“Expanding access to statutory sick pay for those impacted by coronavirus is the right thing to do, and so too is making that access affordable for small businesses. By announcing an extension of the retail discount and an SSP rebate for small firms, as FSB called for, the Chancellor has shown he’s on their side. The rebate must be easy to access.