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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An extension to the Enterprise Investment Scheme and increased tax relief for entrepreneurs have been announced in the 2011 budget, as well as a commitment to new Enterprise Zones across the UK.

Chancellor Osborne's budget includes measures designed to reward entrepreneurs and encourage new enterprises. These measures include an extension of the Enterprise Investment Scheme, with the tax relief available increased from 20% to 30%.

Business owners will also benefit from the doubling of entrepreneurs' relief, giving them a reduced tax rate of £10% of the first £10million of lifetime capital gains.

The Chancellor also announced that 21 new Enterprise Zones were to be set up across the UK, helping bring business to areas where there is a need for more jobs and investment.

“The new enterprise zones could provide positive incentives for local authorities to promote development, allowing the Government to carry out a real-time experiment on what actually works as a spur to economic activity,” stated John Cridland, Director-General of the CBI.

In these zones, companies will benefit from reduced business rates. New Enterprise Zones are planned for areas including Birmingham, the Black Country, Manchester, London and Tyne and Wear.

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