The Federation of Small Businesses (FSB) said Chancellor George Osborne has "pulled out all the stops" with a "wide-ranging package" of measures to support small businesses.
National chairman of the FSB John Walker said, "The housing initiative will help reinvigorate the construction sector in which many of our members operate".
"National Insurance cut goes beyond what we were asking for and we are pleased to see the scrapping of the 3p fuel duty due in September", he added.
More top news
Iconic Irish singer and TV entertainer Val Doonican has died, aged 88.
The BBC is to cut up to 1,000 jobs, including many managerial roles, because of a £150m shortfall in its licence fee income.
Last Friday's attack in Tunisia raises not only fears, but also many urgent questions, as millions prepare to jet off for summer breaks.