UK media reports that Reeves will consider 'shielding' small businesses from tax rises

Investinglive
2025.11.18 21:07
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UK Chancellor Reeves is reportedly considering measures to protect small businesses and the self-employed from tax increases. The budget may include targeted protections, such as adjustments to business rates and the employment allowance. Last year, a similar move exempted over a million small employers from national insurance contribution hikes. The Federation for Small Businesses is advocating for these measures to align with the national living wage.

The UK Times (gated) with the report that UK Chancellor Reeves is considering measures to shield small businesses and the self employed from tax rises.

Says the piece (in brief):

  • Insiders believe the budget will again include some targeted protection for small firms
  • measures expected on business rates and potentially the employment allowance
  • last year ... a move ... carved more than a million smaller employers out from the rise in national insurance contributions, and the Federation for Small Businesses (FSB) is lobbying for it to be uprated in line with the national living wage to preserve its value
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