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

x

The Chancellor announced a number of measures to boost small businesses, in addition to creating the National Loan Guarantee Scheme. However, the British Chambers of Commerce believe that the measures introduced aren’t sufficient to ease fears of the Eurozone collapsing and the UK economy.

Global demand and uncertainty of the UK economy are going to remain the most challenging aspects of business for a number of companies. A number of initiatives have been introduced to help small businesses, but the wider economy still needs to be addressed. Many of the initiatives had been spoken of in the days leading up to the Chancellor’s Autumn Statement. Employment legislation changes are proposed to help small businesses deal with their workforce without fear of facing a tribunal. This is expected to make it easier for smaller companies to hire staff.

UK Trade and Investment will provide support services for up to 500 medium sized companies with a £10 million investment, while £35 million will double the number of small businesses receiving help, taking the number to 50,000. Business rates have also been addressed, with a six month extension of the business rate holiday from October 2012. Deferment of 60 percent of the increase will be permitted on their 2012-13 bills. The planned fuel increase for January 2012 has been abolished, with a lower increase expected in August 2012.

The chief executive of the Forum for Private Business, Phil Orford said:

“We have seen some tentative steps towards easing fuel duty and business rates, but we need to go much further and introduce real tax reforms in order to help them to grow and create jobs.”

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

Read more posts...

Staff Spotlight: Rebecca Boyd, Accounts Junior

This month we spoke to Rebecca Boyd, Accounts Junior at The Accountancy Partnership! Give an overview of the duties, functions and responsibilities…

Read More

Staff Spotlight: Charlotte Hughes, Accounts Junior

This month we spoke to Charlotte Hughes, Accounts Junior at The Accountancy Partnership! Give an overview of the duties, functions and responsibilities…

Read More

February 2024 Client of the Month: CHERESHNIVSKA

This month we spoke to Iryna, CEO and Founder of CHERESHNIVSKA!  CHERESHNIVSKA | Instagram | Facebook Hey Iryna! Tell us about your business CHERESHNIVSKA…

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 will receive our bookkeeping software Pandle for free, as part of your package.

You can use this to complete your own bookkeeping, or we can provide a quote to complete your bookkeeping for you.

Please select and option below:

I will do my own bookkeeping
I want you to do my bookkeeping

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