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We regularly write articles to keep you up to date with changes that affect your growing business.

Montage of export transportation vehicles inside a globe
Blog Brexit

Brexit and international trading problems

Since the transition period ended in 2020, UK businesses have been forced to adjust to the significant change in the international trading environment brought on by Brexit - which has been further complicated by the challenges of the Covid-19 pandemic. Now more than a year on, businesses continue to face problems with supply chains and

What to consider when selling online
Blog COVID-19

What to consider when selling online

There has been a recent surge in online sellers and marketplaces over the last 12 months as businesses attempt to deal with the restrictions placed on everyday life by the Covid-19 pandemic. Within the first four months of lockdown, more than 85,000 businesses launched online stores or joined online marketplaces. Since then, many more have

Businessman working on laptop behind coffee shop counter
Blog COVID-19

Help to Grow: Management scheme now open

The Government’s landmark Help to Grow: Management scheme is now open for applications. The initiative offers businesses free or subsidised training to level up in the wake of the coronavirus pandemic. Here’s what you need to know. What is the Help to Grow: Management scheme? The initiative will offer 30,000 senior business leaders or managers

Headshot of Jacqueline Walmsley, member of staff at Benson Wood & Co Chartered Accountants, inside circle
Blog

Could diversification help you adapt to changing commercial realities?

You cannot take an effective business model off the shelf and use it as some sort of ready-made formula for success. Nor can you assume that a business model that has been effective in the past will continue to be now or in the future. That is because a business model can only ever be

Red sick pay stamp on paper form
Blog COVID-19

SMEs can benefit from Covid sick pay rebates

As Covid cases continue to rise again, small businesses in particular are faced with the extra cost of sick pay as employees fall victim to the virus. But help is at hand and the Government is offering a rebate of up to two weeks sick pay related to Coronavirus for firms with 250 employees or

File folders with a tab labelled 'Insolvency'
Blog

Corporate Insolvency and Governance Act 2020 – the changes in 2021

Some temporary relief measures introduced under the Corporate Insolvency and Governance Act 2020 (CIGA) are extending, the Government announced on 16 June 2021. CIGA was introduced in June 2020 to support companies facing the threat of insolvency during the height of the Covid-19 pandemic. The most affected businesses were small and medium-sized enterprises (SMEs) and

Hand holding last remaining jigsaw piece with the word 'Pensions' in the gap
Blog

Online steps to check state pension entitlement

People planning to retire, or access their state pension, can now go online to see how much they are entitled to. The UK Government has a free online tool which also shows you how to increase your State Pension. In addition, if people want to get hold of some of their cash from a private

Businessman working on laptop and holding documents at desk
Blog COVID-19

Coronavirus loan schemes relieved cash flow concerns for “millions” of British businesses, latest figures reveal

Businesses borrowed almost £80 billion in emergency loans and finance facilities throughout the coronavirus pandemic, a major study has revealed. The final figures, published by HM Treasury and the British Business Bank (BBB), reflect the success of the Government’s financial support package, which included initiatives such as the Coronavirus Business Interruption Loan Scheme (CBILS) and

Electric car charging
Blog

Electric car registrations surpassed 10 per cent mark in UK

According to new data, 10.7 per cent of car registrations in June were completely battery electric vehicles. In the same month, the Tesla Model 3 (a zero-emission car) was the largest seller in the UK, making it the first time electric car sales went past the 10 per cent mark. Additionally, plug-in hybrid car sales

Mason jar filled with coins with 'pension' label on front
Blog

Pension savers hit hard by lifetime allowance taxation

Pension savers have been hit hard by tax charges, according to the latest Government figures. The amount of tax charged for people breaching the lifetime allowance (LTA) and annual allowance (AA) limits rose to an eye-watering £283m for the tax year 2018 to 2019. The Lifetime Allowance is a limit on the amount of pension benefit

Twp staff members working in a food factory
Blog Brexit

NI Protocol: UK and EU agree to extend chilled meats grace period until 30 September 2021

Businesses in Great Britain will be allowed to continue moving certain chilled meat products across the Northern Ireland border after an extension was today agreed upon by the UK and EU. The transportation of chilled meats – such as sausages, chicken nuggets, mince, and pies – to Northern Ireland was set to be prohibited from

File folders with a tab labelled 'investigations' and the top of a document with the word 'fraud'
Blog COVID-19

HMRC opens 13,000 inquiries into potential Covid fraud

Tax investigators have opened nearly 13,000 probes into suspected fraud and other related breaches of the coronavirus support schemes. HM Revenue & Customs (HMRC) also revealed they have begun a handful of criminal investigations. The number of investigations launched by HMRC was revealed following a freedom of information request by BLM, the law firm. HMRC

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