White Van Man saved from red tape nightmare as govt launches £800m paperwork savings bonanza ahead of budget

4 comments 4 Next WHITE Van Man will be saved from a red tape nightmare as part of an £800 million of savings for business. A mountain of bureaucracy has been staved off for electricians, plumbers and carpenters in a move from government ahead of next week’s Budget. John Healey is slashing red tape for business ahead of the Budget Credit: PA Andy Burnham wants to end firms filling out unnecessary forms Credit: Getty Advertisement John Healey has intervened to slash the bureaucracy choking firms as the government accepts a series of recommendations from business leaders. The changes from the Chancellor will mean paperwork required for Companies House will stay minimal – rather than filling out full profit and loss requirements for April 2028. Sign up for the Politics newsletter Thank you! Email address Please provide a valid email. Your info will be used in accordance with our Privacy Policy You'll now receive top stories, breaking news, and more, straight to your email. Streamlining company reporting will save businesses overall £290 million a year amongst other changes. Small firms will also be aided by making it easier to bid for public contracts especially in construction. read more on politics TAX PAIN The taxes John Healey could raise in the Budget - from a mansion tax to bank raids DUTY WARNING White Van Man faces £123 fuel hike unless Chancellor steps in over levy rises Chancellor John Healey said: “British firms are fed up with form-filling and pointless paperwork that eats into valuable time and money when they simply want to get on with running their businesses. “That is why we are cutting unnecessary bureaucracy and giving businesses the breathing space they need to invest, innovate and create good jobs .” Andy Burnham said: “If you run a business, you want to spend your time serving your customers, creating jobs and growing your firm, not filling in unnecessary forms. “It’s not right that pointless bureaucracy gets in the way of people working hard to build something that matters to their high street.” Advertisement Most read in The Sun SEA TRAGEDY Brit mum drowns in Bahamas while trying to save her children swept out to sea ERIKA'S FURY Erika Kirk blasts 'out of line' move in murder suspect Tyler Robinson's trial BLOW OUT Full list of 87 schools closing or opening late in England as Storm Austen hits CRASH CHARGE Man, 78, charged after ‘beautiful’ off-duty policewoman, 29, died in crash Tina McKenzie, National Chair, Federation of Small Businesses, said it’s “a huge step in the right direction, averting a huge new weight of red tape on the very businesses with the fewest resources to deal with it”. Rain Newton-Smith, CBI boss, said: “Cutting unnecessary admin can free firms to invest, compete and grow – and business will want to see that ambition translated quickly into meaningful reductions in the burden they face.” Other measures include streamlining the home-buying and selling process saving £116 million a year and a further £105 million saved for asset managers in reducing duplacative reporting. The changes are part of government plans to reduce the admin burden on firms by 25 per cent by the end of the Parliament . Ministers believe this will save firms with employees some 280 million hours per year. Advertisement 4 comments 4