Last month, the Bank of England and the HM Treasury announced an extension to the Funding for Lending Scheme (FLS) by one year until 31st January 2015. The FLS launched on 13th July 2012 and is designed to increase the incentives for banks and building societies (Banks) to lend to UK households...
The Bank of England and HM Treasury launched the Funding for Lending Scheme earlier this month. The scheme, launched on 13th July, is designed to increase the incentives for banks and building societies to lend to UK households and non-financial companies. The scheme operates by allowing...
The Seed Enterprise Investment Scheme (SEIS) is a scheme aimed to encourage investment in very early stage small companies by offering a range of tax reliefs to individual private investors who subscribe for equity shares in those companies. Investor requirements: To qualify for the available...
A new £82.5 million loan scheme designed to encourage young people to set-up their own business has been launched by the Government today. The StartUp loan scheme is available to 18 to 24 year olds who will receive loans of up to £2,500 if their application is successful. The loan will...
Despite a lot of hype and a considerable amount of expectation that this year's Budget would be one that would help business, there was very little in it for SME businesses to get excited about. As expected, the Chancellor has announced a reduction in the rate of corporation tax on company...