Policy paper: HMRC small and medium-sized enterprise (SME) action plan: 2025 to 2028
Key takeaway
HMRC's 2025-2028 SME action plan aims to lower barriers for SMEs in UK public sector procurement.
- Step 1 · The triggerHMRC's SME action plan reduces administrative and procedural barriers for SMEs bidding on UK public sector contracts
- Step 2 · Knock-onmore SMEs are able to participate in public procurement, increasing competition for government contracts
- Step 3 · Knock-onincumbent large suppliers face margin and share pressure as contract flow redistributes toward SMEs, shifting revenue and demand within the supply chain
- Step 4 · Reaches youSMEs that prepare compliance documentation and monitor tenders can capture new revenue streams, directly impacting their top line
The trigger is reported by the source below. The steps that follow are Branch²’s traced reasoning — how the shock could reach a business like yours, not a prediction.
Source: HM Revenue & Customs
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