• Friday , 17 August 2018
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Government Support Schemes for Starting a Business

Support for startups

Starting a business requires careful planning, research and preparation. This section provides information on Government Support Schemes, grants and initiatives to help a business start-up.


General sources of advice

Information on starting and running a business, including, statutory rights and obligations is available on GOV.UK, including the ability to search for support using the finance and support finder.


Business Finance & Support Finder Tool (BFSF)

The Business Finance & Support Finder Tool is an interactive tool, which is searchable by sector, business size, location, activity and business stage allows businesses to search for government-backed support and finance for business, including:

  • grants, finance and loans
  • business support e.g. mentoring, consultancy
  • funding for small and medium-sized businesses and start-ups

Promoting your services – You can advertise any publicly funded business support schemes and programmes within the BFSF tool.

Find out more: https://www.gov.uk/business-finance-support-finder

Both the  www.GREATbusiness.gov.uk website and the Business Support Helpline can also offer further information and guidance about starting up a business and direct business to more support. Businesses can call 0300 456 3565 to speak to a business support advisor (9.00am – 6.00pm Monday to Friday).


Business is GREAT App

The Business is GREAT App is accessible via the Great Business website. The App is designed to inform, inspire and support small businesses – bringing help directly to them.  It is available to save as an icon on mobile devices.

Find out more: http://www.greatbusiness.gov.uk/businessisgreatapp/

The GOV.UK website provides information and guidance on starting a business:

The GREATbusiness.gov.uk website also offers start-up advice and guidance on:



Start-up Loans, a government-funded scheme to provide loans and mentors for entrepreneurs –

http://www.startuploans.co.uk/ The Start Up Loan Scheme also offers free downloadable Start Up Guides – click on the following link to see more:- Free Start Up Guide



The business finance guide  


What happens to benefits if an individual wants to start up a business?

If a person is unemployed, the new Enterprise Allowance Scheme provides money and support to help start a business.

Find out more: https://www.gov.uk/government/collections/new-enterprise-allowance-campaign


Looking for office space?

Enterprise Zones could also help businesses locate some start up space. Find out more: http://enterprisezones.communities.gov.uk/.

Small business tax relief has been extended for a year. If a business’s property has a rateable value below £18,000 (£25,500 in Greater London) it would be considered a small business.

For more information, please visit:  https://www.gov.uk/apply-for-business-rate-relief/small- business-rate-relief.

Enterprise agencies offer free independent advice and support to those thinking about starting or already running a business.

Find the nearest member of the National Enterprise Network through their website – http://www.nationalenterprisenetwork.org/



Supporting ex-forces and their families to start-up businesses by providing them with Loans, Mentoring and Support

Find out more: http://x-forces.com/



Two short guides giving basic details on who regulates businesses and essential information on the regulatory areas that apply to them at launch are available from Better Regulation Delivery Office under the Better Business for All, programme:

Find out more –  http://www.regulatorsdevelopment.info/grip/bbfa


VAT and Tax payment

–  Starting your own business (eLearning module)

–  Becoming an Employer (eLearning module)

– A range of  webinars. These enable customers to attend a seminar at a time to suit them. HMRC have both live and pre-recorded webinars covering a range of topics. Customer feedback suggests these are a good way to get started.

– A selection of short videos on  YouTube covering subjects such as Registering as

Self-Employed, PAYE, Record Keeping and the Construction Industry

– Record keeping for mobile devices will enable customers to access  apps to help make life a little easier for busy people on the go

– A  ready reckoner available to help customers budget for their first tax bill and

–  tax help fact sheets are a good source of straightforward guidance that customers can download from our website

– The Business Support Tax App allows access to all the above products via your

tablet or mobile device: It’s available on the  Apple i-store or Google play

Follow HMRC on  Twitter @hmrcbusiness for regular updates on a range of taxation matters.