According to a recent British Chamber of Commerce (BCC) survey, three in five businesses (58 per cent) believe the tax system is “fundamentally unfair”.
The Government’s Small Business Commissioner Paul Uppal has named and shamed high street health food giant Holland & Barrett over their payment practices.
The Government has recently implemented the ‘Good Work Plan’ with the aim to improve the employment rights and workers. As a result, businesses will be expected to familiarise themselves and implement the following changes to their current working practices.
The Government has launched a consultation on changes to research and development (R&D) tax credits which are intended to prevent businesses from abusing the scheme for small or medium-sized enterprises (SMEs).
SMEs and start-ups have less than five months to shift from taking cash only to accepting cards before a shopper’s expectations change. The higher demand in card payments by consumers is becoming a large factor in how a small business
SME’s and start-ups have less than five months to shift from taking cash only to accepting cards before a shopper’s expectations change. The higher demand in card payments by consumers is becoming a large factor in how a small business
Barclays bank have announced plans for a major lending fund worth £14 billion pounds, which will help small and medium enterprises (SMEs) to flourish once the UK has left the European Union (EU).
Research carried out by Barclaycard found that more than one-fifth of finance officers consider their accounting software is outdated, while 16 per cent revealed that companies are not making the most of early payment discounts, losing an estimated £6.7 billion
Currently, in the UK, late payments are a serious issue, especially for small medium-sized enterprises (SMEs) who have to chase invoices from large suppliers, thus causing a disruption in the channel with resellers.
UK Finance announced a national campaign encouraging small and medium-sized enterprises (SMEs) to prepare for the potential changes and opportunities brought about by the UK’s departure from the EU.