3:47 PM 30th October 2024
business
Autumn Budget Impact For SMBs
Steve Hare, CEO at Sage
“Today’s Budget introduces significant challenges for UK businesses, especially SMBs, who will face the impact of rising employer National Insurance contributions and minimum wage increases in the months ahead.
Many businesses, however, will welcome the longer-term certainty and clarity provided, allowing them to plan and adapt effectively.
Now, more than ever, SMBs need to leverage digital tools to boost productivity and profitability. I’m encouraged by the Government's commitment to the digital economy with initiatives like Making Tax Digital and e-invoicing. These are vital steps toward building a resilient, future-ready economy.
At Sage, we’re committed to supporting SMBs on this journey.
We’re proud to provide small businesses and sole traders with free access to simple digital tools, making it easier for them to take those crucial first steps into the digital world, helping them thrive and grow.”