Almost two fifths of businesses believe the chancellor's 2013 Budget is very small business friendly, according to a poll taken immediately after Osborne delivered his speech.
When asked for their instant reaction in the live blog on BusinessZone.co.uk and AccountingWEB.co.uk, 38% of the participants said the Budget is very good news for small firms, compared to 58% who believed it is 'friendly but not friendly enough'. The remaining 4% said the announcement is 'anti-small business'.
Dan Martin, editor of BusinessZone.co.uk, commented: "It appears that the chancellor's big headline measure of cutting £2,000 off National Insurance contributions for employers has won over many small companies.
"The announcement was always going to contain lots of references to entrepreneurs and enterprise and on first sight, many business owners are happy. But let's see how they feel when the next Budget comes around."