Starting a new business? Get 40% off our accountancy services for 3 months! 😀

x

The New Year message from the Forum of Private Business calls for less red tape and greater support for UK Small and Medium Enterprise. The lobby group for small businesses in the UK spent most of 2011 calling for greater measures to be introduced, to support the reduction of the burden of red tape, which restricts SMEs. In addition the business group called for more support for UK small businesses which wanted to expand their business.

The year ahead appears to offer more of the same problems, with late payments and credit still needing to be dealt with by the government, according to Phil Orford chief executive of FPB. Orford believes that 2012 will be another year which is difficult for small businesses, but also believes that UK entrepreneurs will strive to demonstrate creativity and strength in the difficult economic conditions. He said:

“The continuing scarcity of affordable credit, rising late payments, mounting business costs and turmoil in the Eurozone, in addition to the perennial problems of tax and red tape, are sapping both cash flow and confidence.”

Orford also believes that policies for enterprise are required to help them grow and create jobs. The Prime Minister stated in his New Year message that he understood the difficulties faced by workers, going on to say that he would improve the economy. The Labour party want the coalition government to demonstrate flexibility, as the spending cuts and problems in the Eurozone are damaging the economy.

guest
0 Comments
Inline Feedbacks
View all comments

Read more posts...

Umbrella Companies for Self-Employed Contractors

When you set up in business as a contractor you might either work as a sole trader or as a limited company….

Read More

Get Ready for Small Business Saturday UK 2022

Small Business Saturday started in the US in 2010, on the first Saturday following Thanksgiving. It aims to encourage shoppers to consider…

Read More

Architects and Tax

Architecture is a highly diverse sector when it comes to tax. It’s partly down to the type of businesses that carry out…

Read More
Back to Blog...

Confirm Transactions

The number of monthly transactions you have entered based on your turnover seem high. A transaction is one bookkeeping entry such as a sale, purchase, payment or receipt. Are you sure this is correct?

Yes, submit my quote
No, let me change it

Please contact our sales team if you’re unsure

VAT Returns

It is unlikely you will need this service, unless you are voluntarily registered for VAT.

Are you sure this is correct?

Yes, the business is VAT registered
No, let me change it

Call us on 020 3355 4047 if you’re not sure.

Bookkeeping

You only need this service if you want us to complete the bookkeeping on your behalf.

Would you prefer to complete your own bookkeeping?

Yes
No

Call us on 020 3355 4047 if you’re not sure.