Family businesses have been given a little room to breathe after the Chancellor Alistair Darling recently stated that they would not be liable for new tax laws until at least 2010.
Darling, who had announced a clamping down on families who split their income from their family run businesses in order to benefit from a lower […]
Archive for November, 2008
Family business tax given time, but groups around the country demand more
Smallbusinessadvice.tv - Dell and the BCC bring advice over the web
Small and medium sized businesses have been offered a life line as they watch a collaboration between the British Chambers of Commerce and Dell create an online television resource specialising in offering advice during the current financial downturn.
The site, smallbusinessadvice.tv, came about after a recent poll released information showing that a quarter of the seven […]
Follow in RBS’s footsteps says Darling
Alistair Darling’s demand for high street banks to follow in the footsteps of the Royal Bank of Scotland has been met with strong disagreement by the banks. The Royal Band of Scotland recently declared that they would not be removing overdraft facilities for small business in the wake of the economic climate, but other banks […]
Small businesses feel PBR is good, but not good enough
Small businesses are clearly feeling a state of relief today after finding out that they will be able to access a fund worth billions of pounds in new finance. They also have the added bonus of paying less tax and even have the opportunity to delay the taxes they owe.
However, it was clear that if […]
Pre-Budget Report - Will it live up to expectations?
Today small sized businesses will come to learn whether the Federation of Small Businesses has done enough to secure a more comfortable future few months for those struggling under the current financial pressure.
Small businesses are hoping to get some relief today through slashes in VAT, help with national insurance contributions and aid with income tax […]
Banks must lend or face nationalisation says the Treasury Committee
Tougher laws are being mulled over by Chancellor Alistair Darling, which will force banks to lend to struggling small businesses in the wake of the economic downturn. Darling is supposedly looking to cap interest rates, while another leading Labour member labelled the actions of the banks as “naval gazing”.
MP John McFall, the head of parliament’s […]
Gordon Brown to introduce tax cuts for small businesses
In an attempt to regain the voter’s trust, Gordon Brown has assured small businesses that he has every intention of providing tax cuts due to the current economic climate. Mr Brown also aimed an attack at the opposing party stating that the Conservative party was “refusing to act”.
A spokesman for the prime minister re-iterated afterwards […]
Lord Mandelson begins minimum wage awareness campaign
Lord Mandelson has begun his new campaign to bring awareness of the minimum wage increase around the country as well as new penalties that have been enforced against businesses that underpay their employees.
Lord Mandelson has said that number of small businesses were “cheating” their employees by underpaying them below the minimum wage and therefore breaking […]
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