AGP Executive Report
Last update: 5 hours agoBudget Fallout: More than half of small and medium-sized firms surveyed expect to be worse off after the Budget, with minimum-wage rises cited as the biggest financial hit; only one in 10 expect to benefit. Energy Costs: The Government plans to bring business energy brokers under Ofgem, which could fine or ban firms that mis-sell contracts or hide commissions. It estimates the crackdown could save businesses more than £100m a year. Export Trade: A draft UK-EU food deal aims to remove post-Brexit checks, potentially easing costs and paperwork for British food exporters. Tax Cashflow: From 2029, some self-assessment taxpayers may have to pay tax in-year in monthly or quarterly instalments. Tax experts warn the change could put pressure on small firms’ cashflow.
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