The founder of a national campaign, which has the support of over 32,000 business leaders, aimed overturning the tax on directors’ dividend payments says she is “saddened and disappointed” that the Minister for Small Business, Industry and Enterprise, Anna Soubry MP, has turned down an invitation to come and put forward the government’s case for small business success.
Survive & Succeed – the Campaign for Successful SMEs was set up by Serena Humphrey, owner of Nottingham-based financial training company The F Word and launched on 10th September at Hart’s in Nottingham. Since then, word has spread throughout the UK, with over 32,000 signatories on a petition.
Humphrey had invited MP Anna Soubry to speak at the campaign’s next event on 26th November in Nottingham, but has received a letter from the MP rejecting the chance to explain the government’s decision to tax directors’ dividends – which the campaign wants to overturn.
Serena says: “We all really want to work with the government to ensure that we can ensure that the business failure rate drops. The instant popularity of the campaign has shown that there is massive interest in scrapping the tax on dividends and helping SMEs have a better chance of surviving.
“It is therefore surprising, given its insistence that SMEs are part of their 5-year plan, that the person heading up this plan – a local Nottinghamshire MP – can’t find time to come and speak to worried business owners.”
In a letter to Campaign HQ, MP Anna Soubry said: “The government has already responded to your campaign by setting out the rationale for the tax changes. I do not have anything to add to that response, tax policy being a matter for HM Treasure.
“I appreciate your offer of a meeting. Unfortunately, I am unable to accept your invitation – as you will appreciate my diary is already heavily committed.”