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UK government slashes corporate red tape, cutting “Hobbit-length” paperwork
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City AM
UK government slashes corporate red tape, cutting “Hobbit-length” paperwork
Ministers have announced sweeping reforms to corporate reporting, aiming to save businesses over £450m annually by ditching “Hobbit-length” paperwork. Under the overhaul, small and medium-sized enterprises (SMEs), including local family firms, will be exempt from certain reporting forms and audits, aiming to save businesses thousands of pounds and hours of administrative work. The Department for [...]
7 Sept, 14:18
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