We regularly write articles to keep you up to date with changes that affect your growing business.
Find out how your businesses can benefit from this Government-backed funding Although much of the COVID-19 financial support has been withdrawn, the Government still wants businesses to access funding to aid their recovery. That is why the Chancellor, Rishi Sunak, has extended the Recovery Loan Scheme until 30 June 2022 – instead of it ending
The Government has dismantled 20 per cent more “barriers to international trade” in the last 12 months compared to previous years, a major study has revealed. The research, published by the Department for International Trade (DIT), suggests that new opportunities are opening up every day. According to the report, 217 trade barriers across 74 overseas
Four in 10 exporters have reported a fall in international sales since the end of the Brexit transition period, a major study has revealed. The finding forms part of the Federation of Small Business’ (FSB) Small Business Index (SBI), which provides a summary of business performance for the third quarter of 2021. According to the
Were you one of many UK holiday-goers whose trip got cancelled due to the pandemic? If you received vouchers in compensation, then you must spend these before your financial protection expires. According to research, there is still £132 million worth of unspent vouchers issued - yours could be in there. Why Refund Credit Notes (RCNs)?
Nearly 800,000 tax-related scams were reported to HM Revenue & Customs (HMRC) in the past 12 months, a major study has revealed. The figures come as the tax authority prepares to send millions of emails and text messages to taxpayers ahead of the January Self Assessment deadline. According to the report, HMRC responded to 797,010
The Scottish Government’s £25 million Business Ventilation Fund is being introduced to help businesses improve ventilation in their premises and reduce the risk of transmitting COVID-19. The fund will target small to medium-sized businesses where people work in a close proximity, such as offices, restaurants, gyms, and more. A local authority on behalf of the
For years businesses on the British high street have been calling for reforms to the business rates system. The Chancellor has finally announced new measures in the Autumn Budget that he claims will reduce the burden of business rates in England by over £7 billion over the next five years. The reforms are intended to
UK businesses have had plenty to cope with over the last 20 months or so. Hammered by COVID-19, hit by a skills shortage and coping with sometimes patchy supply chains. So, it’s even more important that they have robust measures in place to tackle fraud. Fraud is simply the intent or the act of misrepresentation
Many small and medium-sized enterprises (SMEs) were hit hardest at the beginning of the pandemic. They had access to support, like the Bounce Back Loan, which was easier to access and had lower interest rates, but those only helped during the short term. Now a growing number of SMEs are struggling with debt. The latest
The Help to Grow campaign was first announced in the Spring Budget earlier this year but received yet another mention in the Autumn Budget as the Government ramps up support for smaller businesses. It has been designed to help more than 100,000 SMEs access management training and advice on innovations that are focused on boosting
Cost-saving will be key for many businesses struggling to get back up to speed after the pandemic. Many small and medium-sized enterprises (SMEs) were hit hard and now face higher inflation, skills shortages and rising wages. The Bank of England says the inflation figure could even hit four per cent by December. So, cutting costs
If you have to submit a Self-Assessment tax return to HM Revenue & Customs (HMRC), you only have a few weeks left to submit it online. The clock is ticking on the 31 January 2022 online tax return deadline – miss it, and you could face fines. The 2020/21 tax return covers earnings and payments
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