Business and Other Briefings

BIS:  Significant disparities exist between small businesses in their confidence & awareness of managing employment law, according to new research published by the Department for Business, Innovation and Skills (BIS).

The government offers free advice & simple online tools on the Employing People section of the Business Link website to help SME’s manage their legal obligations.   As an extension of this, BIS launched a new online tool - The Employment Law Organiser – in September 2009 to help SMEs stay up to date on new legislation.

Press release ~ The Employment Law Organiser ~ Business Link:  Employing People

BIS:  British manufacturers could save £ms in import duties through an EU scheme promoted by the Department for Business, Innovation and Skills (BIS).  Companies that are unable to source the materials they need to manufacture their products from within the EU could be eligible to import those materials duty-free by applying to the EU Duty Suspensions & Tariff Quotas Scheme.

Currently companies save over €30m p.a. through the scheme - a figure that rose by €4.6m in the first half of 2010.  But this could rise even higher if more manufacturers were aware of the scheme and how easy it is to apply.  BIS is urging manufacturing companies to take the opportunity to find out more ahead of the 15 March 2010 deadline for the first round of this year’s applications. Press release ~ EU Duty Suspensions & Tariff Quotas Scheme
 

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