Bank Lending to Small Firms Behind Track Top UK banks are behind schedule in their lending to small and medium-sized companies, recent figures have shown. Bank of England figures show that in the first three months of 2011, the “big five” loaned £16.8bn to SMEs. Under a deal called Project Merlin, the banks agreed with[...] Read more »
Archive for the ‘Planning’ Category
Tax Investigations set for increase:
The Deputy Prime Minister Nick Clegg has recently launched an attack on higher earners stating his aim to crackdown on tax avoidance. One national newspaper reported that ‘tens of thousands will face intrusive new tax investigations’ with some reports suggesting that the number of tax investigations aimed at the better off will rise by 3000%[...] Read more »
Reginal National Insurance Holiday
In his first budget George Osborne announced the introduction of a scheme to exempt certain qualifying businesses from Employers National Insurance. The full details of the scheme, known as the Regional Employer National Insurance Holiday have now been announced, although the relevant legislation has yet to be passed by parliament. The Holiday will be available[...] Read more »
Company Formation – You get what you pay for!
I was recently asked to provide a quote for the formation of a new limited company for a client. I enquired about the proposed company directors, shareholders, registered office, nature of the trade etc . I then provided some advice on a tax efficient share structure and quoted my fee for forming the company, dealing[...] Read more »
Planning for success……………..
(This article was first published on our website in March 2010) As we move forward in 2010 the most successful and profitable businesses will all have one thing in common, they will all have a plan. These businesses will know where they are, where they are going and will have an idea of what they[...] Read more »
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