companies house made easy

self-assessment deadline extended

Sole traders, entrepreneurs and other individuals who are required to fill out self-assessment tax returns will not receive a late filing penalty if they make their submission on the 1st or 2nd of February.

schools must develop entrepreneurs

The Forum for Private Business has called for schools to play a leading role in encouraging entrepreneurship amongst young people.

google targets welsh SMEs

Search engine giant Google has announced a 12 month campaign to get businesses in Wales to start using the web.

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The Business Secretary, Vince Cable has announced plans to implement a “one in, one out” system for regulation, to ensure that small businesses aren’t burdened with higher costs for compliance.

The scheme requires any ministers creating new legislation that will impose a cost on companies, to first identify a similar rule with a similar cost. There rules will then be “exchanged” to ensure that companies don’t pay ever-increasing costs to comply with their legislative requirements.

"These measures represent a fundamental shift in how Whitehall has traditionally used regulation as a way to command and control," State Dr Cable.

"By ensuring regulation becomes a last resort, we will create an environment that frees business from the burden of red tape, helping to create the right conditions for recovery and growth in the UK economy."

The new system will be overseen by the Regulatory Policy Committee (RPC).