Continuing Our Round Up of Predictions for 2011

Continuing Our Round Up of Predictions for 2011, Margot Parker, Director of Eurcom-consult.com, a European Business Consultancy which specialises in EU and UK legislation pertaining to the Promotional Products Industry, not only gives her prediction, but issues a call to action. 

She says, “The VAT increase from 17.5% to 20% will not be helpful for SMEs, according to a recent survey carried out by the FSB (Federation of Small Businesses) in which 71% declared that they feel the rise will not help their businesses. 

“The promotions industry should be lobbying the government for tax breaks with greater help and concessions for small companies, after all SMEs form the backbone of the industry and if SMEs are to be the lifeblood of any economic resurgence for 2011, and a slow economic recovery is predicted, our industry needs all the help it can get and we must all be united to that end!”

 

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