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Fall in tax receipts means VAT to rise as planned

There seems no prospect that the cut in VAT will be extended beyond the planned end of the year reversion to the old rate after it was revealed that tax revenues have fallen sharply.

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Government broadens its trade credit insurance scheme

The government has amended its trade credit insurance top-up scheme so that more businesses can take advantage of it.

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Recession pushes green policies down the business agenda

Smaller businesses are devoting less attention to green policies as they cope with the economic downturn, a new survey has revealed.

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VAT cut claims disputed

Figures suggesting that not all retailers passed on last December’s cut in VAT have been countered by a leading trade organisation.

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Small businesses get free access to government contracts site

Every small business in the UK is to have free access to thousands of lower value government contracts, it has been announced.

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Easier rates payment scheme could be hit by admin problems

A scheme aimed at helping firms pay their business rates may face delays because of problems in implementing it.

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Small firms will need help to thrive after the recession

The government has been called on to provide SMEs with help once the economy emerges from the downturn.

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Higher tax band will 'dampen' the economy

The introduction of the new higher income tax rate will damage the economy, the TaxPayers’ Alliance has claimed.

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Businesses paying back deferred taxes

Businesses that delayed settling their tax bills under a scheme introduced by the government to help those struggling in the economic downturn are paying back the much of the money owed.

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Banks get warning on small business lending

The UK’s major banks could be faced with a competition enquiry if they do not step up the level of lending to SMEs and reduce its cost.

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