Latest tax and investment news
EIB funding available to small businesses
More than £700 million of easy-to-access funding has been made available for nearly 3,000 small businesses in the UK from the European Investment Bank, which may interest those involved in corporation tax planning.
Small businesses can access the funds through intermediating national banks which then lend the cash on a matched funds basis, in an effort to ensure that the UK's companies have access to finance when they need it.
Ian Pearson MP, economic secretary to the Treasury, said that supporting small firms is a major driver of growth in the UK.
"I want to encourage all businesses to get in touch with their local banks to find out if they can get access to this funding; it is an easy process and certainly worth pursuing," he added.
The Treasury also recently announced £160 million worth of corporation tax relief for oil companies operating in challenging areas of the UK Continental Shelf.
Posted by Jared Atreides
For More Information
For more information about our services please contact us on the number provided below. Alternatively, fill out this form, indicating your area of interest, and one of our partners will contact you. If in any doubt, we offer a free, no obligation meeting to discuss your requirements.
For further information please email us at mail[at]atcsolutions.com or call:
ATC Solutions takes your privacy very seriously and any information you provide will only be used by us. We do not pass on information to any third parties unless you expressly give us permission and only then in relation to your specific enquiry.
