Government Announcements

Spotlight - Government Announcements

£4 million of red tape cuts for businesses

Businesses in the UK will save around £4.17 million if the Government sticks to plans to cut regulatory burdens between January and June 2012, a new report published by the Department for Business, Innovation and Skills (BIS) says.

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Additional £1 billion for business growth fund

The Government will pump an extra £1 billion into its Regional Growth Fund which aims to support businesses by boosting employment and economic growth, it has announced.

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New HMRC taskforces to target market and auto traders

HMRC is to launch 30 new taskforces in 2012/13 which will specifically target market stall holders, car sales people, and rag traders as it continues its clampdown on those who attempt to dodge the tax man.

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New lenders join SME finance scheme

Four new accredited lenders will join the Government's Enterprise Finance Guarantee (EFG) scheme to offer loans to small and medium sized enterprises (SMEs.

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P45 tax form to remain

Plans to replace to the current P45 tax form with a new 'leaver statement' have been scrapped following a consultation about HMRC's introduction of its Real Time Information (RTI) programme.

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HMRC business record checks halted

HMRC has announced it will delay the implementation of its business records checks (BRC) programme, following a review with trade and professional bodies' representatives.

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Government under fire over latest tax avoidance scheme

The Government has been heavily criticised after it was revealed that the Student Loans Company CEO was being paid via an agreed tax avoidance scheme.

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SMEs to be given a helping hand to boost growth

A new Government training programme aimed specifically at developing small and medium sized enterprises (SMEs) is scheduled to begin in March 2012.

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Auto-enrolment pension dates confirmed

The Government has released the revised timetable for auto-enrolment pension roll out.

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Government launches business start-up and growth campaign

The Government has launched a campaign designed to help new businesses get off the ground and to stimulate growth in existing small businesses.

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