London,
08
March
2017

PRCA responds to Spring Budget 2017

Following the announcements made in today’s Budget, Francis Ingham MPRCA, PRCA Director General said:

“We welcome today's announcement that changes to Business Rates will be ameliorated, in order to soften the impact on small businesses. Welcome as this is, for many, any increase at all will be painful. The vast majority of PR businesses rent rather than own their premises, so they will be unpersuaded by the notion that rising property values should translate into higher taxes. The Business Rate model is simply not fit for purpose.

"Just as unaffordable residential costs are having a direct impact on who the industry can and cannot employ, office costs are now an issue for many PR agencies. If we are to remain internationally competitive, and appeal to the whole social spectrum, then both issues need to be addressed by the Government.

"Nearly one in ten of the professionals in our industry are self-employed, today's changes to National Insurance will be deeply disappointing for them. This new tax can result in only two possible consequences - lower take home pay for freelancers, or higher bills for their clients. Neither is desirable". 

ENDS

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About PRCA

Who we are: Founded in 1969, the Public Relations and Communications Association (PRCA) is a UK-based PR and communications membership body, operating in 48 countries around the world. We represent in excess of 20,000 people across the whole range of the PR and communications industry. The PRCA promotes all aspects of public relations and communications work, helping teams and individuals maximise the value they deliver to clients and organisations.

What we do: The Association exists to raise standards in PR and communications, providing members with industry data, facilitating the sharing of communications best practice and creating networking opportunities.

How we do it and make a difference: All PRCA members are bound by a professional charter and codes of conduct, and benefit from exceptional training. The Association also works for the greater benefit of the industry, sharing best practice and lobbying on the industry's behalf e.g. fighting the NLA's digital licence.

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Matt Cartmell
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