IGA Budget Comment

Published 22/03/2013 00:00:00 in Press Releases

IGA Budget Comment

The Independent Garage Association (IGA) represents over 20,000 independent garages that sell, service and repair vehicles, employing individuals in the customer-facing side of the motor industry.

IGA Budget Comment

Stuart James, IGA Director


NEW EMPLOYMENT ALLOWANCE

The IGA believe this measure will increase employment by removing the burden of employer’s national insurance on new starters.  This in turn will boost employment.


INCOME TAX AND NATIONAL INSURANCE CONTIRBUTIONS

The move to make the very small businesses exempt from income tax and national insurance contributions is welcomed by the IGA. The exemption will encourage the smallest of our members to hire staff and will help them to expand their business.


FASTER PAYMENT SERVICES

One small benefit announced in the Budget is the option for SME’s to use the Faster Payment Services (FPS) that requires card acquirers to pay out more quickly. Some of our members may obtain funds up to 3 days faster.


TRANSPORT MEASURES

The IGA welcomes the general transport measures on fuel duty and road upgrades which will benefit road users across the UK.

Stuart James

Director

Independent Garage Assocation (IGA)


NOTES TO EDITORS

RMI ISDN line: 020 7637 0231

Tel: 020 7307 3422

Mob: 07825 097 697

Web: www.rmif.co.uk

Email: press@rmif.co.uk


The Retail Motor Industry Federation represents the interests of operators in England, Wales, Northern Ireland and the Isle of Man providing sales and services to motorists and businesses. The RMI has a formal association with the independent Scottish Motor Trade Association which represents the retail motor industry in Scotland.

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