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Cloud accounting could save hundreds of hours per year, study finds

UK SMEs are “wasting” hundreds of hours each year on admin when resources are better placed elsewhere, a new study has found.Continue reading

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SMEs advised to keep track of cash flow

Small and medium-sized enterprises (SMEs) are being urged to keep track of their cash flow and ensure that they are operating tax and cost-efficiently at all times, after a recent study found that average SME expenditure now exceeds more than £1 million a year.Continue reading

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Digital technology key to winning customers’ loyalty, study finds

Brands risk almost half of their customer base if they fail to tailor their experience using new technology, a new study has revealed.Continue reading

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Almost a third of SMEs unprepared for the GDPR

New research suggests that almost a third (30 per cent) of small and medium-sized enterprises (SMEs) are unprepared for the General Data Protection Regulation (GDPR), while a similar number have no plans in place to deal with a potential cyber attack.Continue reading

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ICAEW predicts slowdown for economic growth

A new business confidence tracker suggests that economic growth is likely to slow significantly over the coming months.Continue reading

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Almost three quarters of business owners pumping personal savings into SMEs

New research suggests that the majority of British business owners regularly pump personal savings into their small and medium-sized enterprises (SMEs) in a bid to avoid taking out loans or borrowing additional funds from banks and alternative lenders.Continue reading

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HMRC will no longer issue paper SA302 forms to taxpayers

As of 4 September 2017, HM Revenue & Customs (HMRC) is no longer issuing paper SA302 forms to taxpayers.
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Large firms responsible for 53 per cent of late payments made to SMEs

Recent research has found that 53 per cent of late payments made to small and medium sized enterprises (SMEs) are the fault of larger businesses.Continue reading

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SMEs urged to reassess data and cyber security processes

UK small and medium-sized enterprises (SMEs) are being advised to “take a frank look” at their data and cyber security processes, amidst growing concerns that small businesses are becoming prime targets for fraudsters.Continue reading

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UK start-ups thriving in multiple sectors

Start-up businesses are thriving across the UK thanks to cash injections from investors far and wide, a new study suggests.Continue reading

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