The Prime Minister has written to more than a million small firms and charities urging them to check if they are entitled to a National Insurance Contributions (NIC) break, which will see the first £2,000 of employers’ NIC bills cut.
According to a recent study, the next generation of workers will be more entrepreneurial but less verbally communicative, preferring to communicate via technology rather than face-to-face.
Although new figures from the Bank of England show that lending to individuals in the form of mortgages fell sharply in February and lending to business overall slowed down, loans to small firms rose.
It was announced last week that Small Business Saturday, a nationwide event celebrating the UK’s small, independent businesses is due to return for a second year on Saturday December 6 2014.
Chancellor George Osborne announced in his budget last week that he was reducing the taxes on business investments by doubling the annual investment allowance (AIA) to £500,000 tax-free until at least 2015.
Now that Spring, with its air of new beginnings, is definitely in the air, new companies are being offered a multitude of attractive deals and funding to help boost their fledgling businesses.
Transport for London (TfL) has partnered with short-term lettings firm Appear Here to let vacant retail units across its vast network to brands, designers artists and entrepreneurs who want to showcase their wares in a pop-up environment.
A recent survey has shown that business owners are looking for certainty and stability as the key drivers of Chancellor George Osborne’s tax policy when he delivers his Budget later this afternoon (March 19).
Councils across the country are gradually agreeing to help businesses in their areas recover from the recent flooding by offering them relief on their business rates.
A start up loans company is offering people who refer entrepreneurs to their organisation a £50 incentive in a bid to promote the Government-backed funding that is available to British and EU citizens, who are residents in the UK, as long as they are over the age of 18.