Content related to government policies and regulations that impact business operations in the UK or Taiwan.
Government Policies
The UK government invests £7 million in 120 AI projects, helping small businesses boost productivity, reduce waste, and improve efficiency. From bakeries predicting demand to AI-driven road maintenance, this initiative showcases technology’s potential to transform industries.
Government Policies
The UK is expanding its electronic travel authorisation (ETA) scheme, requiring all non-British and non-Irish nationals to apply before entry. The rollout begins November 2024, with a £10 fee and a straightforward application process.
Government Policies
Culture Secretary Lisa Nandy introduced a new tax relief to boost British indie films, aiming to support jobs and growth across UK regions. Pinewood Studios announced a new Indie Production Hub, while Skills England will address 25,000 creative industry job vacancies.
Government Policies
The UK government has extended the Enterprise Investment Scheme (EIS) and Venture Capital Trust (VCT) until April 2035. This move continues to offer up to 30% tax relief and capital gains tax exemptions, supporting start-ups and boosting economic growth.
Government Policies
Chancellor Rachel Reeves plans to raise taxes and cut spending in the October 2024 budget, aiming to address a £22 billion gap in public finances despite stronger-than-expected economic growth. Tough decisions on welfare and public services are also expected.
Government Policies
UK considers 10 days of paid leave for carers, supporting work-life balance but posing challenges for SMEs.
