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
Thousands of pounds worth of heroin has been found stashed inside the covers of children's books at Heathrow Airport.
Internet search engine says Cilla Black was the subject of more online searches than Kim Kardashian this year, beaten only by Taylor Swift.
A supermarket price war and fierce competition across the rest of the high street has seen shop prices slumped by a record level last month.