Big firms profiting from tax collection

Article Abstract:

The UK's tax and national insurance system works in favour of companies with more than 1,000 employees, according to a report from the Centre for Fiscal Studies at the University of Bath, England. In contrast, business start-ups with between one and four employees pay more than 270 pounds sterling per person in meeting bureaucratic requirements. Furthermore, small companies often pay far too much to accountancy firms for straightforward accounting work which could be undertaken less expensively by in-house staff.

Reports, Tax administration and procedure, Tax administration

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Small business: the new great leap forward

Article Abstract:

The main challenge facing people wishing to set up their own business is finding sufficient funding. Many find banks unwelcoming, so turn to other sources of funding. It is vital that small businesses look around for the best deal, both from banks and from suppliers.

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Are you ready to take the plunge?

Article Abstract:

Advice on planning a new business is presented. Issues including devising a business plan and marketing are discussed.

Planning, New business enterprises, Startups

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