UK Government Launches Free Tool for Small Businesses

A new online tool from HM Revenue & Customs aims to assist self-employed individuals and small businesses in understanding their tax responsibilities, covering essential topics such as VAT registration and applicable taxes. In addition, the UK government is launching a Business Growth Service to streamline support for small firms, enhancing their access to help and advice. Meanwhile, the NSPCC is inviting entrepreneurs to join its Partners in Business initiative, which encourages corporate support for child welfare through donations and fundraising efforts. LegalZoom highlights that January is a popular time for starting new businesses and offers critical advice on creating a business plan, choosing a company structure, and ensuring legal compliance. Additionally, Staffordshire County Council is offering free professional advice to new businesses, aiming to facilitate their growth and success in the early years. These initiatives collectively aim to empower small businesses and foster a supportive environment for entrepreneurs.