Addressing the tax burden for medium-sized businesses
Medium-sized businesses (MSBs) punch well above their weight in the UK. They make up just 1.8% of businesses, but employ 16% of the total UK workforce and generate 23% of private sector revenue. They’ve also done much of the heavy lifting in the UK’s economic recovery. Between March 2010 and March 2013 nearly one third of the increase in private sector jobs occurred in the MSB sector.