companies house made easy

record shattering April for new business in Newcastle

Newcastle upon Tyne experiences its best ever April for company formations according to the Register of Companies from Companies House.

record first quarter for Leamington Spa start ups

Leamington Spa has set a new record for first quarter business start ups with 164 new companies formed in Leamington in the first quarter of 2012.

Bath record company numbers "quite amazing" says MP Don Foster

In response to Duport's announcement of record numbers of new company formations in Bath, local MP, Don Foster praises the city's burgeoning reputation for business and creativity".

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The Entrepreneurs’ Relief threshold for Capital Gains Tax (CGT) has been extended to charge only 10% on gains of up to £2 million, as announced in the Budget this week.

The move is hoped to encourage entrepreneurs and sole traders, providing a good incentive for people to start up their own company.

It was expected by many that this budget would include measures to increase CGT, especially considering the 50% rate of income tax coming into force in April.

There are concerns that an extension to the 10% Entrepreneurs’ Relief will encourage business owners to use the lower rate of Capital Gains Tax to avoid the higher rate of income tax.

Other issues covered in this Budget include:
• Business rates relief
• No changes to National Insurance Contributions plan
• Planned increase of the National Minimum Wage
• £94 billion set aside for business loans