Hacked by Loard Mahdi

Read more...

Breaking news from the BBC Paper tax returns to be replaced by digital by 2020

Read more...

New Capital Allowance Regime

Read more...

VAT Clarification on Energy saving Materials 14/11/11

Read more...

Real Time Information (RTI) - six months to go. 01/10/12

Read more...

Contact Us

News Items

Tax Tips

Brilliant with numbers
Great with people
Clear and precise with advice
Timely and cost effective
In touch with issues that face our clients
Mindful of our client’s long term strategic goals


Helping Your Business is Our Business


Call us now on 023 8083 6900 ABDS Home

News - 6 February 2015

Local Enterprise Partnerships urged to improve business support

A report by the Federation of Small Businesses (FSB) has called on Local Enterprise Partnerships (LEPs) to take the lead in improving the way local business support is provided in order to boost small business growth

The report, which is backed by the Institute of Chartered Accountants for England and Wales (ICAEW), urges Local Enterprise Partnerships (LEPs) to drive small business growth through well-targeted business support, but it also highlights areas of weakness that LEPs should address in order to strengthen the system.

Liz Kennett, Manager of the Accounts Department of ABDS comments:
“Based on evidence provided by the respected Enterprise Research Centre (ERC), the report reveals a number of significant issues are cited as causing problems, notably the fragmented nature of the offer, with too many schemes in place without enough critical mass to make an effective contribution, and lack of co-ordination between various schemes.”

The report argues that Local Enterprise Partnerships (LEPs), working alongside newly formed ‘Growth Hubs', are ideally placed to make improvements to the business support in their areas, and thereby boost growth.

The FSB is calling on LEPs to provide much needed co-ordination and leadership, and provide much greater focus to the offer.

John Allan, National Chairman of the Federation of Small Businesses, said: "This report highlights the great potential of LEPs to energise small firms in England – but only if the right steps are taken to improve the design and delivery of business support. 99 per cent of all UK firms are small businesses, so growing those firms through better business support can make a real difference to local economies.”

If you need any help and advice for your business on Tax, VAT or the implications of Government Funding initiatives, contact Lavinia Newman, Stuart Coleman or Liz Kennett to discuss how ABDS can help

ABDS Chartered Certified Accountants of Southampton.
Tel: 023 8083 6900  E-mail: abds@netaccountants.net

Brilliant with numbers   
Great with people  
Clear and precise with advice
Timely and cost effective 
In touch with issues that face our clients and
mindful of their long term strategic goals

Helping Your Business is Our Business

« Back to News