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IGA welcomes Chancellor’s small business support measures in 2021 budget

IGA 03/03/2021

“We are pleased that financial support for small businesses has been extended in today’s Budget, and thank the Chancellor for responding to our request to continue the Retail Business Rate Relief Scheme into the 2021/22 tax year,” said Stuart James, Chief Executive of the Independent Garage Association (IGA).

James continued: “There are hard times ahead for independent garages. A significant decline in MOT work is expected from April to June, where motorists took advantage of the MOT extension last year. Garages have also experienced lower volumes of servicing and repair work over the past year due to motorists making fewer journeys.

“Extending the furlough and business rate relief schemes will provide the financial assistance needed to help independent garages through this upcoming difficult period, so they can continue their essential work keeping vehicles in their local communities safe and roadworthy.”

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About the RMI

The Retail Motor Industry 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.