From: Janet Berry, Hambleton. (Yorkshire Post.)
IN September last year, we wrote a letter to David Cameron asking the question why would anyone want to go into business today?
1. Rent premises.
2. Pay 20 per cent of rent on VAT.
3. Pay 43 per cent of rent in business rates
4. Staff costs, minimum wage, pay for four weeks holiday, risk pitfalls of employment legislation, maternity leave etc.
5. After three months receive first electricity bill and pay 10 per cent climate levy on top of payment.
6. If turnover exceeds £65,000 register for VAT and collect money, add 20 per cent on to costs. Collect National Insurance and tax for Government.
7. After trading for a year submit accounts, pay accountant and pay 21 per cent on profits.
I brought up the fact that business rates, which increase every April now, and the fact that property owners are charged business rates when the property has been empty for three months are causing businesses to close.(The all the vital points raised in Janet Berry's letter To Cameron went unanswered.)
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