Friday, September 24, 2021

Local Chamber responds to health and social care tax

Responding to the Government’s announcement of a new health and social care tax, Mid Yorkshire Chamber of Commerce Managing Director Martin Hathaway said: “The announcement of the new health and social care tax will be a tough cost for businesses to absorb, with many still facing uncertain and challenging circumstances as a result of the pandemic and fallout from Brexit.

“Businesses in our region are still facing very real supply chain issues as well as inflationary pressures and a significant number have taken out loans to see them through the pandemic.

“This additional cost could further push these firms into debt and uncertainty.

“Any additional costs for businesses will hinder their recovery and future growth, capping recruitment, investment and training opportunities at a truly pivotal time for the Yorkshire economy.

“Businesses need stability now more than ever and we need assurances that this is not the first of many more tax rises in the coming years.”

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 pandemichaving a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £31.50 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.

Latest news

Related news

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.