Business development

New Year VAT help for businesses

Some businesses in the leisure, hospitality and catering sectors are to be allowed to continue charging VAT at 15 per cent into the early part of New Year’s Day.

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HMRC announces 'light touch' approach to VAT rate change

HM Revenue and Customs (HMRC) has said that it will apply a ‘light touch’ if businesses make mistakes on their returns following the forthcoming change in the standard rate of VAT.

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Job vacancies on the increase

Both permanent and temporary job vacancies showed a rise last month.

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Service sector registers strongest performance for two years

The UK’s services industry has posted its best growth figures since the end of the summer of 2007, a new survey has claimed.

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Consumer confidence shows signs of recovery

Confidence among UK consumers, although still fragile, is at its highest for some 18 months.

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Start-again firms 'facing' VAT bills

Businesses that start up gain after they have collapsed are, in some cases, being met with demands for significant up-front VAT payments, it has been claimed.

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Business lending sees significant drop

New figures have indicated that bank lending to smaller firms has fallen.

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Don't cut spending at expense of business support, says FPB

The government should not reduce its support for businesses when it comes to deciding where public spending cuts must be made but should do more to ease the tax burden on smaller firms.

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Business tax rises will 'push up' unemployment

The government has been urged not to impose additional taxes on smaller businesses.

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