Stuart Gentle Publisher at Onrec

Budget 2020 | Expert comment from UK small business

Jonathan Richards, CEO and Founder of Breathe

“It was fantastic to see over £7bn committed by the government to protect and support small businesses during the disruption caused by coronavirus. As a small business owner, it’s reassuring that the government will cover the strain caused by sick pay, as well as offering significant loans and cash injections to UK small businesses.

“Many small and medium sized businesses valued under £51,000 in the retail and leisure sector will also welcome the abolition of business rates until the end of the year. These measures take the pressures off businesses and allow them to continue as normal throughout the disruption.”