SMEs leading the way with employment growth

Posted on 22 Nov, 2018

New figures published by the Office for National Statistics (ONS) in recent days reveal that UK small and medium-sized enterprises have created three times as many jobs as larger firms over the past five years.

What happens if I need to prepare for important changes to VAT reporting?

Posted on 22 Nov, 2018

VAT has been a part of the UK tax system since 1973 and is the third largest revenue-raiser for the Treasury, but the basis for recording and reporting this indirect tax is about to go through a big change.

Small businesses need an immigration system “designed with them in mind”, says FSB

Posted on 20 Nov, 2018

With around one in five employers relying on staff from the EU, the Federation of Small Businesses (FSB) has called on the Government to make the post-Brexit immigration system work for small businesses.

New tax scam targets students – how to stay safe online

Posted on 19 Nov, 2018

HM Revenue & Customs (HMRC) has warned of a high number of reports of fraudsters targeting students with fake tax refund emails.

UK businesses could unlock £85 billion if they boost their digital skills

Posted on 16 Nov, 2018

According to the latest Lloyds Bank Business and Charity Index UK, businesses are missing out on £85 billion each year due to a lack of digital capability. Despite 41 per cent of sole traders having a low digital capability, UK

Government survey reveals almost half of businesses have been hit by a cyber attack in the past year

Posted on 15 Nov, 2018

Just under half of UK businesses have been hit by at least one cyber attack or data breach in the past year, a new Government survey reveals.

Tax saving tips which could save you hundreds of pounds each year

Posted on 13 Nov, 2018

Ahead of Talk Money Week, HM Revenue & Customs (HMRC) has published five ways taxpayers can “boost their finances” over the coming months.

UK economic growth strong despite uncertain global backdrop

Posted on 12 Nov, 2018

The UK economy has grown at its fastest rate since 2016, a new study has revealed. The figures, published by the Office for National Statistics (ONS), show that gross domestic product (GDP) grew by 0.6 per cent in the three

Facebook is helping UK SMEs

Posted on 9 Nov, 2018

Facebook has acknowledged that small and medium-sized enterprises (SMEs) are the heart of the UK’s economy and consequently is helping empower many of them to grow their businesses.

SMEs need better access to finance in order to boost economic growth, says FSB

Posted on 8 Nov, 2018

In recent days, the Federation of Small Businesses (FSB) has voiced concerns that small and medium-sized enterprises (SMEs) are struggling to access alternative finance options – and that this is having a negative impact on economic growth.