Budget 2013: The small business view

"We asked for a budget for small businesses and this is what has been delivered. The national insurance contributions (NICs) cut goes beyond what we were asking for and we are pleased to see the 3p fuel duty rise due in September completely scrapped. This will help businesses that are wary of the cost of employment to take on staff and help those that currently employ free up funds to expand their business. We estimated that extending the NICs holiday would create 45,000 jobs, this move has the potential to create far more than that. This Budget opens the door for small firms to grow and create jobs."

JOHN WALKER, NATiONAL CHAIR, FEDERATION OF SMALL BUSINESSES