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David Cameron has announced a boost to the government’s Start-Up Loans Scheme, with funding being increased by £30 million to £110 million over three years. The upper age limit for applying will also be extended from the current 24 to 30 years old. Start-Up Loans provide entrepreneurs with a range of support to get their [...]
The Chancellor is to proceed with proposals to make the tax system simpler for small unincorporated businesses from April 2013. Where a business has a turnover up to £77,000 it will be able to calculate its profits on a simplified cash basis. In addition it will not have to distinguish between revenue expenditure and capital [...]
Over the last four months you might – or you might not have – realised that Business Link, the support service for businesses, disappeared – the victim of the government’s public sector cuts. No longer can growing businesses go to Business Link for advice or one-to-one consultations. Now, all you can access is a Business [...]
Small businesses and individuals working in the buy-to-let sector are set to have their bookkeeping scrutinised by HM Revenue & Customs (HMRC). The department has announced that a new taskforce has been set up in order to place the UK’s landlords under the microscope. This could encourage a number of people working in the sector to [...]