Latest Business Support news from East Riding of Yorkshire Council - 16/7/24
HMRC launches VAT tool
HMRC have developed and launched an online tool to help small businesses look at what registering for VAT will mean for their business. A business must register for VAT if their total taxable turnover exceeds £90,000 but can voluntarily register below that threshold.
For more details, visit - https://www.gov.uk/government/news/hmrc-launches-vat-registration-estimator
British Business Bank growth guarantee scheme
The British Business Bank has announced a Growth Guarantee Scheme to support small businesses access finance to help them to grow. Lenders will offer loans, overdrafts and asset finance as options for small businesses.
Speak to your business advisor about seeking finance to grow your business and look at the options available here: https://www.british-business-bank.co.uk/news-and-events/news/british-business-bank-launches-growth-guarantee-scheme-help-smaller-businesses