Easier access to public contracts

by Aitch, posted in Business Support

Smaller businesses may find it easier to compete for public sector contracts following new Government proposals intended to reduce unnecessary paperwork and simplify the process of dealing with public authorities.

On 23 October 2026, the Government announced its response to recommendations from the Small Business Regulatory Taskforce, which was established to identify administrative requirements that impose disproportionate costs on smaller firms. The proposed changes include simplifying public procurement procedures, particularly in sectors such as construction, where businesses can face different documentation requirements when bidding for similar contracts.

The Government also intends to reduce duplicated information requests, improve access to business guidance and streamline some of the statistical surveys that businesses are required to complete. Taken together with other measures, including changes to import tariffs, the Government estimates that its proposals could eventually save businesses almost £800 million annually.

For smaller businesses, the potential benefits extend beyond reducing administrative costs. Public sector contracts can provide opportunities to develop new customer relationships and secure additional work, but preparing tenders can be time-consuming, particularly where the business has limited administrative resources.

Although the proposals have not all been implemented, businesses interested in supplying public authorities may find it worthwhile reviewing how they identify and respond to tender opportunities. This could include establishing what information is commonly requested, preparing standard documentation and considering whether the business has the resources to fulfil larger contracts.

The proposed reforms should not remove the need for appropriate checks on suppliers, but simpler and more consistent procedures could make public procurement more accessible to smaller businesses.

For firms seeking new sources of work, the announcement provides another reason to consider opportunities within the public sector.

Source:Other | 25-10-2026
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Aitch
I'm Aitch, the Founder and CEO of CIGMA Accounting Ltd. As a Chartered Management Accountant and as a CIMA member, I've spent more than 16 years helping businesses, entrepreneurs, landlords, and individuals with tax planning, accounting, and HMRC compliance. As a chartered accountant in London, I'm passionate about making complex tax matters easier to understand and helping clients make confident financial decisions. Over the years, I've advised start-ups, SMEs, established companies, and high-net-worth individuals across a wide range of tax and accounting matters. My expertise includes Corporation Tax, Self-Assessment, Capital Gains Tax, Inheritance Tax planning, R&D tax relief, capital allowances, international tax, and resolving complex HMRC compliance issues. Whether clients need a business accountant, tax accountant, or strategic tax advisor, my focus is always on delivering practical advice that creates long-term value. One of my specialist areas is Making Tax Digital (MTD). I've worked extensively with businesses preparing HMRC's digital reporting requirements, helping them move to cloud accounting, improve financial processes, and adopt technology that makes compliance more efficient. I regularly speak at Making Tax Digital roadshows, industry events, and educational sessions in collaboration with Zoho Books, sharing practical insights into digital accounting, tax legislation, and the future of the profession. Many business owners looking for the best accounting firm in London are not simply searching for an accountant they're looking for trusted advice, responsive support, and long-term value. That's the approach I've taken in building CIGMA Accounting. My team and I work closely with businesses across London and the UK, providing accounting services, tax advisory, bookkeeping, payroll, VAT, company accounts, and strategic tax planning tailored to each client's goals. Through this website, I share practical guidance on UK taxation, Making Tax Digital, HMRC updates, Corporation Tax, Self-Assessment, and business finance. My aim is to provide reliable, straightforward information that helps business owners understand changing regulations, reduce compliance risks, and make informed financial decisions with confidence.
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