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What else is in this section?

Help for businesses to grow

The measures announced, intended to help businesses grow and to provide help for the high street were:

  • introducing a cap on the Retail Prices Index (RPI) increase in business rates in England to 2% in 2014-15
  • introducing a £1,000 business rates discount to help the high street
  • doubling the Small Business Rate Relief for a further 12 months from 1 April 2014 to help 540,000 firms
  • making it cheaper for businesses to employ young people by abolishing National Insurance contributions for under-21s earning below £813 per week
  • introducing a new tax relief for shale gas and support for the creative industries

Source: https://www.gov.uk/government/news/autumn-statement-2013-key-announcements