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Capital allowances will 'benefit relatively few' firms

The increase in capital allowances announced in the Budget is unlikely to help large numbers of smaller firms, according to two trade and business organisations.

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Firms urged to take advantage of interest-free green loans

Interest-free loans worth £100 million over two years are being offered to businesses looking to invest in new, energy-efficient equipment and machinery.

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Change back to old VAT rate should be 'delayed'

The government should consider switching the date on which the standard rate of VAT moves from 15 per cent to its former level of 17.5 per cent.

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Trade credit insurance scheme starts up

Businesses that are facing cuts in the level of available credit insurance cover can begin to make use of a new government support scheme from 1 May.

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More tax help for struggling businesses

Businesses that believe they will make a trading loss in the current tax year can ask HM Revenue and Customs (HMRC) to take the anticipated loss into account as part of any rescheduling of their corporation tax or income tax payments.

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Hopes that credit insurance scheme will boost cashflow

The government has introduced its trade credit insurance scheme in the hope that it will ease cashflow problems for firms.

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Tax relief for loss-making firms should go 'further'

Once profitable businesses that are now suffering losses as a result of the recession were offered some relief in the Chancellor’s Budget.

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Government announces strategic business plan

The government has set out plans for extra investment in the UK’s business and industrial future.

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Small firms must have fairer chance sooner to win public contracts

The Chancellor should bring forward plans designed to help more small businesses win government contracts in the Budget, the Forum of Private Business (FPB) has said.

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