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Dragons’ Den star welcomes ‘great scrap’ of higher tax rates 

A business owner who won the approval of Dragons’ Den bosses on TV has welcomed the ‘great scrap’ of higher tax rates.

Natalie Quail, founder of SmileTime, said Mr Kwarteng’s decision to abolish the 45 per cent rate for the highest earners was a ‘step in the right direction’.

The cost of living crisis has forced Mrs Quail, 31, to slim down her business by laying off 10 per cent of staff to focus on ‘profitable areas’.

Her teeth-whitening kit won offers of financial backing from Dragons Steven Bartlett and Touker Suleyman on the show in February. But she declined the support to go her ‘own way’.

Founder of SmileTime and Dragons’ Den star Natalie Quail has welcomed the ‘great scrap’ of higher tax

Based on its growth in two-and-a-half years and its relationship with the retailer Boots, the company has received informal valuations upwards of £5million.

Mrs Quail said she would not benefit from the…

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