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Fall in SME borrowing could prove detrimental to growth, FSB warns

A leading business body has warned that a noticeable decline in borrowing could be detrimental for the UK’s small and medium-sized enterprises (SMEs).Continue reading

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Young SME owners prioritise strategy over convenience

New research has found that the majority of small and medium sized enterprises (SMEs) are missing out on the benefits of government driven initiatives and collaborative opportunities, with just seven per cent of start-up owners choosing to actively work in business zones and clusters.Continue reading

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Government spending with digital SMEs exceeds £1 billion

The latest official data has revealed that Government spending with small and medium-sized enterprises (SMEs) that offer innovative digital services such as cloud technology has now exceeded £1 billion.Continue reading

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Do you claim Child Tax Credits? Update your tax account now

Do you claim Child Tax Credits? Parents are reminded to update HM Revenue & Customs (HMRC) of their children’s educational status by 31 August – or risk payments stopping.Continue reading

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Late payments crisis worsening for SMEs

The UK’s so-called late payments crisis appears to be worsening for Britain’s small and medium-sized enterprises (SMEs), a new study suggests.Continue reading

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Have you checked your tax code? One-off payments likely to be considered as recurring income, says regulator

Employees who receive a bonus should review their personal tax accounts to prevent wrong tax code numbers being issued, the Institute of Chartered Accountants in England and Wales (ICAEW) has warned.Continue reading

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SMEs missing out on benefits of cloud software, study suggests

The vast majority of the UK’s 5.4 million small and medium-sized enterprises (SMEs) are missing out on the benefits of cloud software due to a lack of understanding and awareness of modern technology, a new study suggests.Continue reading

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Research reveals true impact of cyber-attacks on SMEs

A new study suggests that almost a quarter of UK small and medium-sized enterprises (SMEs) have been forced to temporarily cease their operations as a result of a cyber-attack.Continue reading

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Card is king, according to a new study

Around half of customers would walk away from a business if cash was the only payment option, a new study has revealed.Continue reading

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Businesses bogged down by misconceptions of R&D tax relief

A new study suggests that British small and medium-sized enterprises (SMEs) do not fully understand Research and Development (R&D) tax relief – and that many could be missing out as a result of their own misconceptions.Continue reading

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