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Bank lending drops

By |March 18th, 2013|Uncategorized|Comments Off on Bank lending drops

It’s still not great news for small businesses looking for loans.

Despite drawing £13.8bn from the government’s Funding for Lending scheme, banks and building societies have still cut loans to businesses and households by nearly £2bn in the first five months of the scheme’s operation.

The government is trying a number of approaches to try and […]

Start-Up Loans

By |January 22nd, 2013|Uncategorized|Comments Off on Start-Up Loans

Good news for 18-30 year olds who can now benefit from start up loans of up to £2,500 originally introduced by the Government in May 2012. Young entrepreneurs can now seek financial support to start their own businesses as the loans have been extended to this younger age group. Take up of these loans […]

HMRC hits headline footballers hard

By |May 8th, 2012|Uncategorized|Comments Off on HMRC hits headline footballers hard

April’s landmark High Court case against Eclipse Film Partners No 35 LLP, which saw them
prevented from gaining £117m in tax relief, demonstrates to us that HMRC are hardening their
attitude further on tax avoidance schemes.

The partnership included football manager Sir Alex Ferguson alongside other wealthy members
who were claiming tax relief on loans taken out to […]