Clydesdale bank low demand for loans http://www.heraldscotland.com/business/corporate-sme/staff-numbers-will-drop-at-clydesdale-1.1131694
John Swinney is trying to maintain pressure on our banks to lend to Scottish businesses, claiming the Project Merlin agreement between the UK Government and lenders appeared to be having little effect.
He wants Scottish Enterprise to do more to liaise between high growth businesses and the banks? Could Scottish Enterprise train relationship managers in banks to understand the growth potential of some businesses and the hurdles they face? See:
Child Benefit
Child Benefit will be scrapped from 2013 for those families with at least one higher rate taxpayer. Couples with two children will be worse off by approximately £1,750 per annum.
The roll out of this change has not been mapped out yet but there are some things that should be considered ahead of this. Reducing taxable income even for one or two years may help retain this benefit for a little longer!
It may be possible to for example, to increase dividends in the short term (across 2011 and 2012) and take smaller dividends in 2013, but clearly each case would need to be reviewed.
If you are potentially affected by this, consider if you can influence your exposure ahead of time.
Annual Investment Allowance
This valuable capital allowance / tax relief is being changed in April 2012. This allowance currently provides 100% tax relief for many capital spending categories. In April 2012, the limit will be reduced from £100,000 per annum to £25,000. Any businesses considering capital investments in the near term should be conscious of this date looming and consider the effect.
Contact IGC Accounting Services Ltd for more detail
The Wise Group with partners CEiS, DSL and the Social Value Lab, has been awarded the contract to manage and administer a £4 million Scottish Government Fund to support growth and development of the third sector in Scotland. The Enterprise Growth Fund will be awarding grants between £25,000 and £200,000 to support long term objectives. Awards will be made to those organisations that demonstrate the greatest potential for growth and sustainability. The fund will invest in organisational services and structures and will be open to applications from late August. .
For further information on Just Enterprise and the Enterprise Growth Fund and to apply for support, visit the website at www.justenterprise.org.uk or call 0141 303 3131
DSL Business Finance offers loans to businesses in Glasgow, businesses in Edinburgh, businesses in South Lanarkshire, businesses in North Lanarkshire, businesses in South Ayrshire, businesses in East Ayrshire, businesses in North Ayrshire, businesses in East Renfrewshire, businesses in Renfrewshire, businesses in Stirling, businesses in Fife, businesses in Inverclyde, businesses in Dumfries and Galloway, businesses in West Lothian, businesses in East Lothian, businesses in Midlothian, and businesses in towns and areas including Livingston and Falkirk.
We now lend anywhere in Scotland including Aberdeen, Western Isles, Inverness and Dundee
DSL - Business lending in Scotland
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