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Small Business News World Round-up – 2009/12/08

The Small Business Blog

Senate bill won’t change small biz premiums: The Congressional Budget Office predicts the Senate health care reform bill would provide better, but more expensive, coverage in the individual insurance market, while having little impact on premiums for employer-based coverage. Digg Furl Netscape Yahoo!

2009 100
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An Open Letter To Our Prime Minister, David Cameron

The Small Business Blog

I would like to draw your attention to proposals made by HMRC, which could see accountants being forbidden to give even basic financial advice to their clients. This penalises small businesses, which can ill-afford to pay out for expensive legal advice. This is, however, removed from our current reality. Digg Furl Netscape Yahoo!

2007 100
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What legal entity is right for your business? | THE SMALL BUSINESS.

The Small Business Blog

Another downside, if you make more profits than you draw out, you are still taxed on all the profit irrespective of whether you have taken the money, and with a 40% tax band this can be expensive. A limited company must obtain approval from Companies House to use its proposed name. Digg Furl Netscape Yahoo!

Legal 100