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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Chancellor George Osborne has delivered the first Budget of the Conservative – Liberal Democrat coalition Government.

The Conservatives have committed themselves to immediately tackling the deficit in this Budget, with their coalition colleagues giving way on an issue that they had opposed going into the election.

The key highlights for small businesses include:

• VAT to rise to 20%
• Rise in NI threshold
• Corporation tax cut for SMEs
• Entrepreneurs’ relief increased
• NI breaks for start-ups’ first 10 employees
• CGT increased by 10% - but not for basic rate taxpayers