Government Announcements

Spotlight - Government Announcements

EIS funding sees record rise in 2013/14

Small businesses raised £1.46 billion through the enterprise investment scheme in 2013/14, the highest ever annual amount lent through the scheme, official figures show.

Treasury launches pension exit fees review

An immediate government consultation will investigate whether pension exit fees should be cut or capped, the Treasury has announced.

New commissioner to help SMEs tackle late payment

A new Small Business Commissioner will assist SMEs in resolving disputes with large businesses under draft government proposals.

Government outlines productivity plans

A comprehensive plan to improve the productivity of UK businesses has been published by the Treasury.

Tax on large firms to fund apprenticeships

A new tax will be levied on large companies to help deliver the government's target of 3 million new apprenticeships by 2020, the Chancellor announced during the summer Budget statement.

HMRC relaxes PAYE late filing penalties

HMRC will begin relaxing automatic late filing penalties for people who send PAYE information late, officials have indicated.

Apprenticeships to be given legal protection

The government has kicked off its plans to create 3 million new apprenticeships by granting the term legal protection, the Department for Business, Innovation and Skills has announced.

Free childcare plans brought forward

Government plans to extend free childcare provisions for working families have been brought forward to 2016.

Small Business Act becomes law

A range of measures aimed at supporting the UK's small business sector have become law as the Small Business, Enterprise and Employment Act gained royal assent.

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