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Simplified VAT system outlined

Business group welcomes report as ‘long overdue’.

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Late payments continue to hit SMEs

3 in 4 businesses call for legislation to counteract late payments.

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Firms hit by apprenticeship levy costs

Levy provides added cost for 56% of levy-paying businesses.

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Businesses in £2.9bn R&D support boost

R&D tax credits claimed since 2000/01 soars to £16.5bn.

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‘Use pension savings to fund start-ups’

Institute of Directors hopes pension pots can start new businesses.

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