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
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
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
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
UK companies to assess internal auditor after seven years
Companies will be forced to review their internal auditor every year after they have been in post for seven years, according to new rules published by the Chartered Institute of Internal Auditors (IIA).Continue reading
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
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
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
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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