Budget 2017: Staircase Tax proves a step too far for UK small businesses
Over the past couple of months, up to 80,000 small business owners across the country have had to endure uncertainty and stress, facing potential increased business rates, possible staff redundancies and demands of up to £15k backdated to 2015. Why? Because of the introduction of the so-called "Staircase Tax" which formed part of the new business rates structure. The Chancellor has however seen sense and abolished the modification to how business rates are valued, a decision that has been well received across the business community.
This made us think though, imagine if spikes in business rates and unpredictable taxes dreamt up by our government didn’t affect you as a small business owner? Well, for those with a serviced office, these are exactly the uncertainties and stresses you would have avoided over the last few months.
With a flexible serviced office, not only do you pay one monthly inclusive bill, with business rates covered by the landlord, but you'll also benefit from the many business services available such as professionally manned offices with some of the best locations, placing you closer to those important clients. The choice is yours; take advantage of the fantastic services that come with a serviced office or stress about whether the office staircase is communal or not... we didn't end up thinking about it for long.