Nearly 70 firms are collapsing every day, the largest number for two years, as banks continue to refuse to lend.
Category: Finance
Financial advice for owners and managers of small and medium sized business SMEs in the UK All your tax, borrowing and administration advice
Manufacturers ‘could drive UK recovery’
Manufacturers’ financial health has dramatically improved over the past year, with experts predicting the sector could “drive the UK’s recovery”.
Thinking of selling your company?
Ten tips that everyone should take notice of if they are thinking of selling a business
The UK is on the brink of a lasting recovery
Britain is on the brink of a lasting recovery, according to the Organisation for Economic Co-operation and Development (OECD), as momentum builds in the global economy.
Government calls for new types of pension schemes
The government is exploring new types of pension schemes that would give more security to retiring workers.
Unexpected UK Growth News to Drive British Pound Sterling Higher in April
The April outlook for British Pound Sterling is expected to be resilient, mainly due to recent PMI data releases about services sector, construction and manufacturing of the UK economy and also struggling eurozone economy.
VAT registrations: Timing is everything
Accordance, the VAT compliance and consulting practice, is warning companies not to bury their heads in the sand when it comes to VAT registrations.
Santander named ‘Business Bank of the Year for record tenth time
Santander has walked off with three awards at the annual Business Moneyfacts Awards.
The Budget 2012: How it affects business
The Chancellor has announced his third budget. One which he announced would be good for British business and allow the Uk to ‘earn its way in the world.’
Balance transfer credit cards: How useful are they?
With credit card interest rates at an all-time high, it can be difficult to get out from under a large cloud of debt. Interest takes a large bite out of each month’s payment; but what if it were possible to reduce the percentage of the payment that gets eaten up by interest?
New VAT risk to employee benefits
Businesses that fail to review their employee benefit packages or don’t look at the VAT implications for new benefits do so at their peril following a new approach introduced by the taxman, warns accountants James Cowper.
Minister leads call to change late payment culture
Business and Enterprise Minister Mark Prisk is today leading a call for businesses to work together and develop practical solutions in creating better cashflow management systems and changing the culture of late payments.
SMEs waste £7billion a year in unnecessary tax payments
Small businesses risk wasting £7billion this year – an average of £1,600 each – in unnecessary tax payments, according to a new report published today
ICAEW urges Chancellor to use Budget to encourage business investment
In a letter to the Chancellor ahead of this month’s Budget, ICAEW has asked for incentives that will encourage businesses to invest and help rebuild business confidence, essential to sustaining and accelerating the UK’s recovery from a year of slow growth.
SME owners join forces to call for ‘damaging’ 50p tax rate to be scrapped
The 50p higher rate of income tax is “damaging the economy” and delaying the recovery from recession, more than 500 entrepreneurs and business owners warn today.
