Chancellor Philip Hammond’s has given his first indication that he might be contemplating axing the staircase tax, stating he is “certainly looking at” legislative steps to end the staircase tax.
Mike Cherry, Federation of Small Businesses (FSB) National Chairman, said: “The staircase tax has heaped misery on thousands of small businesses that happen to occupy split workspaces. The Chancellor’s words will come as welcome relief to the desperate firms who had absolutely no idea that bill hikes were coming down the line.
“The Chancellor’s decision marks a victory for common sense – he’s done the right thing. We look forward to his words becoming action at the Budget if not before.”