There's a lot of chatter in the media today about this:

ConservativeHome's ToryDiary: Lowering and simplifying tax for small business

George Osborne is giving a speech to the Chartered Institute for Personnel and Development and the British Chambers of Commerce today, about simplifying the administration of income tax, national insurance and VAT.

Here's the original:

Liberal Democrat Manifesto for Business (2005)

Liberal Democrat top policies for business:

• Carry out the biggest act of deregulation by scrapping the DTI.
• Carry out independent impact assessments on new regulations.
• Introduce a sunset clause on new regulation.
• Reform business rates with an allowance for small businesses.
• Simplify the tax system to ease the burden on small businesses in particular
• Focus on increasing skills of the workforce.

You can read the rest on the Lib Dems' publicly accessible policy pages. Cut and paste as much as you like George!