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The tax system is simply not helping small business

A Treasury commissioned report from the Office of Tax Simplification (OTS) has spelled out all the things that need the Chancellor’s attention such as the tax systems inability to handle self employment, the reform of the national insurance  and taxation of income compared to earnings all these attribute to the UK’s dysfunctional system of small business . . . → Read More: The tax system is simply not helping small business

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Not enough female small business owners in UK

The Federation of Small Businesses (FSB) said the Government needs to take a lesson from the US and encourage entrepreneurship and increase the number of female owned business in order for the economy to actually grow.

Nearly 50% of the workforce is women but less than 30% of the self-employed are women and that concerns the FSB . . . → Read More: Not enough female small business owners in UK

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Small business does not get the same tax breaks as big business

Large corporations in the U.K. are under attack for getting too many tax breaks.  At least that’s what it seems to boil down to if you look at all the reports and protests in the news lately.  According to research conducted by the Centre for Business Taxation at Oxford University, the 100 largest corporations in the . . . → Read More: Small business does not get the same tax breaks as big business

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Graduate Internship Scheme needs extending says FSB

Many analysts have pointed out that those suffering the most from the Government’s new austerity cuts will be the young since they will have to face a power combination of tuition hikes in unemployment that is at its highest levels yet for those in their youth.

With this thought in mind, the Federation of Small Businesses is . . . → Read More: Graduate Internship Scheme needs extending says FSB

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FSB wants extended NI break

The Federation of Small Businesses (FSB) is requesting the coalition government expand the employment tax National Insurance Contributions holiday so that companies with up to four personnel benefit. It is assumed this might stave off some of the unemployment woes. The benefits of this tax exemption are currently extended to start-ups that hire as many as . . . → Read More: FSB wants extended NI break

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Facebook becoming a serious marketing tool

Facebook is gaining popularity in the US, an Internet friendly country, as a marketing tool for small businesses. It is inexpensive and simple to use. Research by MerchantCircle, a network of business owners in the US, indicated 70% of polled businesses are signed up on Facebook. Last year the number was a mere 50%.

The direct competitor . . . → Read More: Facebook becoming a serious marketing tool

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Project Merlin sees banks lend to SME’s

As part of the Project Merlin initiative, UK’s biggest banks are increasing the lending to SME’s by 15%. Barclays are one of the UK banks to pledge support to Project Merlin.

The big four RBS, Lloyds, HSBC and Barclays are to make available £190bn in new credit to businesses in 2011 of which £76bn is for SME’s . . . → Read More: Project Merlin sees banks lend to SME’s

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Employees not very interested in being green

While half of employees surveyed admit to witnessing opportunities to lower waste and unnecessary cost each day, a mere 33% are requested to help minimize them, reported CloudApps in its survey on employee attitudes and engagement in corporate sustainability.

Every company is grappling with the expenses from waste disposal and energy. Yet, nearly half have admitted to . . . → Read More: Employees not very interested in being green

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Protected: Small business has little confidence

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Small business will suffer with new parental leave rules

Deputy Prime Minister Nick Clegg is to announce that the Government will allow couples to choose how they divide parental leave, with fathers to be given up to ten months of paid paternity leave, The Government reckons this will benefit families, but did they stop to think about the impact on employer and employee?

Consider the employee. . . . → Read More: Small business will suffer with new parental leave rules

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