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Government Announcements

VAT increase could be 'detrimental'

As many as one in three firms are worried that the planned increase in VAT could have an adverse effect on their business, a new survey has claimed.

All start-ups should get NIC holiday as confidence stays fragile

A leading business group has urged the government to extend the promise of a national insurance contribution holiday for new businesses right across the country as a new survey shows business confidence in decline.

Tax system to be simplified

The UK tax system is be streamlined and made simpler in an effort to boost levels of investment in business, the government has announced.

Government to push for greater use of equity finance

The government is looking at ways of encouraging business investment that does not rely so extensively on bank debt.

Banks to investigate small business lending

It has been proposed that UK banks will carry out a study of the levels of lending to smaller firms in an effort to improve business credit.

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