In his latest business report on small firms published earlier this month, Lord Young advocates removing the age cap on accessing taxpayer-funded loans to set up a business, which would open funding up to the over 30s.
An article in the Telegraph earlier this week points out that a number of people affected by Inheritance Tax (IHT) delay planning for it, which could prove to be a costly mistake.
As HM Revenue & Customs (HMRC) publishes a new list of ‘deliberate tax defaulters’ and reiterates the Government’s pledge to crack down on firms that avoid paying the tax they should, the Confederation of British Industry (CBI) has drawn up a new statement of tax principles for business.
Last week the retail arm of StartUp Britain launched its flagship pop-up shop on London’s King’s Road; and following the launch, London’s deputy Mayor Kit Malthouse has said that it will help to launch the careers of hundreds of online British retail entrepreneurs.
A report published recently by the Association of Private Client Investment Managers (APCIM) and an independent stockbroker has called on the Government to allow individual investors to access initial public offerings (IPOs), such as those of the planned high-profile flotations of companies like RBS and Royal Mail.
The Financial Conduct Authority (FCA) is to ban “bundled” rebate payments from fund managers to platforms, thereby forcing fund distributors to introduce a single, clear charging structure that investors must pay when buying funds through a platform.
According to an interactive report from the Startup Outlook Report, sponsored by Silicon Valley Bank, tech start-ups are growing fast, with almost 90 per cent of them saying that they want to hire staff this year, but are finding it difficult to find employees with the right skills.Details
Corporation Tax refunds from HM Revenue & Customs (HMRC) rose by £2bn last year, to £7bn up from £5bn in 2011, which means that 346,000 businesses received corporation tax refunds with the average amount being paid out for each approved claim totaling around £20,231.
According to a recent survey of over 1,500 senior executives, 93 per cent of UK firms now view the global economy as stable or improving, leading to three-quarters of them feeling that M&A volumes will increase over the coming year.
The Government has updated its interactive online toolkit, launched last year, which provides employers with help when taking on their first employee.