Sentences with phrase «scrap business rates»

Kirsty Williams, Leader of the Welsh Liberal Democrats, today urged the First Minister to support her party's calls to scrap business rates for plant and machinery in Wales and to reduce the level of VAT that is levied on the tourism industry.

Speaking in First Minister's Questions, Kirsty Williams highlighted the Welsh Liberal Democrat proposal to scrap business rates for plant and machinery which would benefit the economy as businesses would no longer be penalised for investing further in Wales.

Not exact matches

With the business community keenly awaiting the industrial empire's decision on penalty rates, Premier backed the Productivity Commission's call for Sunday penalty rates in retail to be scrapped in favour of a lower, «weekend» penalty rate.

«It's fantastic news that the chancellor has scrapped the higher rates of APD, meaning an end to the most extortionate levies for holidaymakers, families visiting relatives overseas and those flying abroad on business.

The reintroduction of business rates, after they were scrapped in 1994, would be a step backwards.»

Alistair Darling has today scrapped controversial plans to raise business rates by five per cent, opting instead for a smaller two per cent increase.

To accompany the various tax scraps and reductions, Dr. Bawumia assured that the NPP would «introduce tax incentives for businesses that hire fresh graduates from schools and we are going to reduce the VAT for micro and small enterprises from the 17.5 percent to the 3 percent flat rate.»

The Welsh Lib Dems have been calling for several years for business rates on factories like the Tata steelworks to be scrapped.

But in the same year Business Secretary Vince Cable had said the party would consider scrapping the 50p rate if there was a «good alternative», such as a «tax on very high - value property».