Only one third of UK private business owners believe that the current tax regime supports or enterprise.

The PricewaterhouseCooper ‘Enterprising UK 2009’ survey more than 80% of privately owned UK businesses believe that the current UK tax system is not as stable as it should be and therefore causes less certainty for businesses.

Private Business is calling for a stable and more certain tax environment allowing them to conduct business more successfully. It is not a call for a reduction in the tax rates, as in the current climate that would be hard (although nice), but a more stable system with a reduction in the rate of change would be ideal.

The other concern is that the use of tax reliefs remains low and a lot of businesses may not be aware of their existence. On top of this Government grants for marketing and technologu as well as tax credits for Research & Development or other business needs are not as widely used or even known about as they should be.

With a stable tax system businesses around the UK would be able to make better business decisions and invest in change, look at grants and tax reliefs and spend more time seeing what is available for their companies, including loans that are Government guaranteed.

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