Government Initiatives

Late payment remains an issue for smaller firms

Delays in settling bills are a continuing problem for large numbers of smaller businesses, new research has suggested.

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Design to thrive, says the Government

Innovative design needs to be at the centre of economic recovery, the Government has insisted, and has promised that forward-looking SMEs will have the chance of access to design mentoring.

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Large tax repayments outstanding under Time to Pay scheme

The tax authorities could be facing as much as £650 million in unpaid business taxes as a result of a scheme designed to help firms struggling to meet their liabilities.

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Research tax breaks to boost innovation

More details have been released on proposed changes to some of the tax reliefs available for firms that invest in research and development, and in new products.

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Cuts in NICs would encourage job creation

Small firms would be more likely to take on new staff if they were given the incentive of a reduction in national insurance contributions, a new survey has suggested.

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Loan scheme funding shows a decline

New figures suggest that lending to firms under the Government’s Enterprise Finance Guarantee (EFG) scheme has fallen this year.

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Low response to NIC holiday scheme

Far fewer start-up firms have taken advantage of the Government’s NIC tax break scheme than had been expected, according to new figures.

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