Company Formation Not Considered by Government


Despite the fact that government pledged to put enterprise and company formation in the centre of its economic recovery policy, a recent report has revealed that the majority of small businesses and recently registered companies feel they have been ignore.

The report, conducted by the Forum of Small Business and enterprise, surveyed over a thousand of its member and the majority of which said they felt ignored by the government.

The survey revealed that government needs to concentrate on reducing the amount of bureaucracy involved in running a business.
Nick Haines, spokesperson for the FSB comments; “ The majority of our members feel as that the government have failed to make any substantial in roads into addressing the current situation for businesses in the UK.”

“Most feel that despite the government’s commitment to reduce corporation tax and National Insurance for regional businesses, the larger issues of limited finance and tax complexity have been largely ignored.”