Short Term Employment Scheme

Business can avail of grant funding for each new position created within their business.

The IREP report stressed the importance of taking action to rebalance the Northern Ireland economy towards more value-added activities over the medium to long term, while recognising the need to provide short-term support for the economy in response to the global downturn.  Therefore, the Government have secured a £19million ring-fenced budget allocation for a range of measures under a Short-Term Employment Scheme (STES), to be administered by Invest Northern Ireland, which will promote 5,000 jobs during the budget cycle. The Scheme is a direct response by the Executive to the economic downturn and recognises the need to take action to alleviate the impact of the recession on the local labour market."

Short Term Employment Scheme

Business can avail of grant funding for each new position created within their business.

The IREP report stressed the importance of taking action to rebalance the Northern Ireland economy towards more value-added activities over the medium to long term, while recognising the need to provide short-term support for the economy in response to the global downturn.  

The Government have secured a £19million ring-fenced budget allocation for a range of measures under a Short-Term Employment Scheme (STES), to be administered by Invest Northern Ireland, which will promote 5,000 jobs during the budget cycle. The Scheme is a direct response by the Executive to the economic downturn and recognises the need to take action to alleviate the impact of the recession on the local labour market."

All Vat Businesses to File Online and Pay Electronically from April 2012

If your business has a VAT turnover of less than £100,000, and you registered for VAT before 1 April 2010, you will be legally required to file your VAT return online and pay any VAT due electronically in 2012.

This requirement is likely to become statutory for returns submitted from April 2012 and means that virtually all VAT reigstered businesses will meet the legal requirements to file online.

Act now to avoid the rush
HMRC would like to encourage paper - filing customers to act early and sign up during 2011 - so that when the April 2012 deadline takes effect, you will already be familiar with the online service and be working successfully with it.

Go to https://businesslink-online.hmrc.gov.uk for information on how to sign up for the first time.

All Vat Businesses to File Online and Pay Electronically from April 2012

If your business has a VAT turnover of less than £100,000, and you registered for VAT before 1 April 2010, you will be legally required to file your VAT return online and pay any VAT due electronically in 2012.

This requirement is likely to become statutory for returns submitted from April 2012 and means that virtually all VAT reigstered businesses will meet the legal requirements to file online.

Act now to avoid the rush
HMRC would like to encourage paper - filing customers to act early and sign up during 2011 - so that when the April 2012 deadline takes effect, you will already be familiar with the online service and be working successfully with it.

Go to https://businesslink-online.hmrc.gov.uk for information on how to sign up for the first time.

All Vat Businesses to File Online and Pay Electronically from April 2012

If your business has a VAT turnover of less than £100,000, and you registered for VAT before 1 April 2010, you will be legally required to file your VAT return online and pay any VAT due electronically in 2012.

This requirement is likely to become statutory for returns submitted from April 2012 and means that virtually all VAT reigstered businesses will meet the legal requirements to file online.

Act now to avoid the rush
HMRC would like to encourage paper - filing customers to act early and sign up during 2011 - so that when the April 2012 deadline takes effect, you will already be familiar with the online service and be working successfully with it.

Go to https://businesslink-online.hmrc.gov.uk for information on how to sign up for the first time.

Businesses Urged to Make Use of Training Fund

Subsidised management and leadership training is available to SMEs - dont miss out!

The Department for Employment and Learning (DEL) have announced continuation of their financial assistance for local businesses wishing to participate on its management and leadership training.  The co-investment funding is available to businesses taking part in the Department`s `Made Not Born` suite of training programmes:

Management Analysis and Planning Programme (MAP) - For businesses wishing to take part in MAP, DEL will meet the cost of the business analysis, valued at £1,000, and provide up to a further 40 per cent contribution towards development activities arising from the training and the business plan. Find out more about MAP on the DEL website.

Management Leadership and Development Programme (MLDP) - For businesses wishing to take up one of the training opportunities under the umbrella of MLDP, DEL will co-fund the costs on a 50 per cent basis and up to a maximum of £1,500 per participant.Find out more about MLDP on the DEL website.

Who is eligible to apply?
All Northern Ireland based businesses with between 10 and 250 staff are eligible to take part in the `Made Not Born` programmes, and avail of this financial assistance. This includes the Invest Northern Ireland SME client companies.

All Vat Businesses to File Online and Pay Electronically from April 2012

If your business has a VAT turnover of less than £100,000, and you registered for VAT before 1 April 2010, you will be legally required to file your VAT return online and pay any VAT due electronically in 2012.

This requirement is likely to become statutory for returns submitted from April 2012 and means that virtually all VAT reigstered businesses will meet the legal requirements to file online.

Act now to avoid the rush
HMRC would like to encourage paper - filing customers to act early and sign up during 2011 - so that when the April 2012 deadline takes effect, you will already be familiar with the online service and be working successfully with it.

Go to https://businesslink-online.hmrc.gov.uk for information on how to sign up for the first time.