Contact Us
The Institute of Directors (IoD) has welcomed the government's efforts to cut business red tape through a 'one-in, one-out' scheme.

Indeed, the organisation said that it hopes ministers can lead to a further slashing of unnecessary bureaucracy to help businesses grow in the future.

Furthermore, IoD welcomed plans to list incoming European regulations because it believes it will shine a light on regulatory decisions and provide useful information for British businesses.

Alexander Ehmann, Head of Regulation at IoD, said that firms will be able to get ahead of the curve when it comes to new rules.

"The government's red tape bonfire has begun to burn under Michael Fallon's watch. With 'One-In, Two-Out' kicking in from 2013, businesses hope that the deregulation savings delivered so far could eventually increase to £4 or £5 billion," he added.

Last week, Business Minister Michael Fallon announced that the government will be starting a bonfire of excessive business red tape in the coming months to help with economic growth.

Posted by Emily Smith

Date published 18 Dec 2012 | Last updated 18 Dec 2012

Choose the right accounting firm for you

Running your own business can be challenging so why not let TaxAssist Accountants manage your tax, accounting, bookkeeping and payroll needs? If you are not receiving the service you deserve from your accountant, then perhaps it’s time to make the switch?

Local business focus icon

Local business focus

We specialise in supporting independent businesses and work with 80,684 clients. Each TaxAssist Accountant runs their own business, and are passionate about supporting you.

Come and meet us icon

Come and meet us

We enjoy talking to business owners and self-employed professionals who are looking to get the most out of their accountant. You can visit us at any of our 409 locations, meet with us online through video call software, or talk to us by telephone.

Switching is simple icon

Switching is simple

Changing accountants is easier than you might think. There are no tax implications and you can switch at any time in the year and our team will guide you through the process for a smooth transition.

See how TaxAssist Accountants can help you with a free, no obligation consultation

0800 0523 555

Or contact us