Business development

Simplified regulations cutting business costs

Measures aimed at reducing the administrative burden of complying with business regulations are now saving UK firms significant sums each year.

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Changing back to the old rate of VAT

On 1 January 2010, the standard rate of VAT reverts to 17.5 per cent after a period of 13 months at 15 per cent.

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Businesses get extra time to update VAT prices

Businesses are to get additional time in which to update price labels after the rate of VAT reverts to 17.5 per cent.

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Pre-Budget Report 2009: business reaction

Business groups greeted the Chancellor’s pre-Budget Report with a mixture of encouragement and dismay.

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Pre-Budget Report 2009: an overview

The Chancellor, Alistair Darling introduced a pre-election pre-Budget Report to the Commons that would, he said, “build a strong economy and a fair society”.

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Pre-Budget Report 2009: business tax

To the relief of smaller firms, the Chancellor has deferred the planned rise in the rate of small companies’ corporation tax.

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Pre-Budget Report 2009: business support

The Chancellor used the opportunity of the pre-Budget Report to commit the government to providing support for businesses during the economic recovery.

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Pre-Budget Report 2009: VAT

Changes to the flat rate VAT scheme have been announced in the pre-Budget Report.

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Training and skills 'central' to economic recovery

Help with skills training for small firms should be central to any government employment plans announced in the pre-Budget Report.

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