Pictured above: Henry Briggs senior partner of the
Birmingham office of Haines Watts
Businesses must vote against more red tape in the general
election, a leading accountant has claimed.
Henry Briggs, senior partner of the Birmingham office of Haines
Watts, which specialises in small and medium size enterprises, is
supporting a call by the Forum of Private Businesses which is
asking for a moratorium on new legislation until after the next
general election.
"Red tape is hampering economic recovery, is a hindrance to
running a business - and is a disincentive to starting one in the
UK," said Mr Briggs.
The Forum reckons that government regulations costs businesses
more than £12bn and that the average private business spends
37 hours a month negotiating regulations.
"We seem to have a mind set that greater regulation is helpful.
In most instances, it is not.
"The next government, no matter its colour or colours - needs to
state clearly that it will help small businesses by reducing
legislation and increasing the threshold for compliance. That will
take thousands of small companies and enterprises out of the
equation.
"It will also reduce the number of civil servants acting as
'watchdogs' that will in turn reduce public expenditure.
"British business would be better off without the current
regulatory framework."
Only 9% of respondents in the Forum of Private Business Survey
said they thought the regulatory framework was fair, robust and
proportionate.
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