Government Initiatives

Do you need an audit? New criteria proposed

The Government has published proposals to reduce financial reporting requirements for small and medium enterprises.

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Cut corporation tax to 15% and get rid of 50p tax, directors urge

The Government needs to cut corporation tax further and abolish the 50p tax rate, the Institute of Directors (IoD) has claimed.

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Council tax freeze to be extended

A freeze on council tax that was introduced last year will be extended to next year for participating councils.

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Fund boss urges new ways to finance firms

The chief executive of the Business Growth Fund has lent his support to encouraging alternatives to bank funding for businesses.

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Business Growth Fund may help more firms

There is the possibility that the Government’s Business Growth Fund, aimed at supporting fast-growing companies that would otherwise struggle to find funding, may be extended to more firms than were included in the original remit.

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Extending work trial scheme would create new jobs

A leading business group has urged the Government to extend a scheme that allows employers and employees to try a role before offering or accepting a permanent position.

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Banks set to meet lending targets

The UK’s major banks look likely to meet their small business lending targets as agreed with the Government.

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Extra support for apprenticeships

The Government has announced a £25 million fund intended to support a further 10,000 apprenticeship places.

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Regulation breaks would encourage sole traders to employ

Sole traders would be more prepared to take on an employee if the regulations surrounding employment were eased, a new study has claimed.

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