Using the ATO ‘as a bank’ by not paying tax commitments on time comes with new risks for SMEs, national business funder Scottish Pacific has warned. Scottish Pacific senior executive Wayne Smith said many business owners are not yet aware of laws passed late last year allowing the Australian Taxation Office to disclose SMEs’ tax […]
Small and medium sized businesses are set to drive a commercial property boom in the next two years, according to a new study. Research from by finance specialist Together shows nearly six out of ten SMEs (58%) – nearly 3.4 million across the UK – say a boost in business is driving a need to […]
On 11 February 2020, Business Minister Kelly Tolhurst MP will announce changes to the way minimum wage law is enforced to grant greater flexibility to both employees and employers. Previously, employee benefits such as premium payments for weekends and over-time working could conflict with new minimum wage enforcement and result in fines for firms. This […]
Insurance professionals need to change the focus of conversations with small and medium-sized enterprises from price to value. This is the conclusion of the Chartered Insurance Institute’s 2019 New Generation Broking Group, which has come up with recommendations for how the insurance profession can increase engagement with SMEs. The group concluded insurance professionals need to […]
Covering the five weeks 29 December 2019 – 1 February 2020 On a total basis, sales increased by 0.4% in January, against an increase of 2.2% in January 2019. This is above both the 3-month and 12-month average declines of 0.4% and 0.2% respectively. The 12-month average hit a new record low since our records […]
Hosted by the EIS Association, a panel of experts will gather on the evening of the 13th February, ahead of the forthcoming budget, to discuss the way investors can support early stage businesses making the most of available tax reliefs and marketing opportunities. Combining advice on the Enterprise Investment Scheme, Research and Development Grants, Venture […]
Aldermore understands landlords want to keep costs down when managing their portfolios and investments, so we now offer reduced rates and upfront fees to assist portfolio management: New fee free limited edition 5 year fixed rate products – Fee free remortgage from 3.48% for individual landlords with single residential investment properties Free valuation and assisted […]
Paris and Shenzhen based fintech startup, EasyEuro, offering digital banking services to SME trading between Europe and Asia – with initial focus on China, has announced the completion of a US$4m pre-A funding round. This round of financing is mainly to be used to accelerate company growth in product development, talent recruitment and market expansion. […]
Yorkshire-based SME funding specialist One Stop Business Finance has completed a major investment programme at its HQ to increase office space and facilitate its projected growth in both personnel numbers and client deals during 2020. The self-funded £100,000 capital programme at OBSF’s base, ‘The Cow Shed’ in Laytham near Pocklington, has boosted office space by […]
Today, Intuit QuickBooks reveals the findings of its global research project “TheOpen Banking Revolution: Invisible, Customer-First, Feel Good”. A first of its kind, this report produced by renowned futures consultancy The Future Laboratory, looks at how Open Banking is set to change the nature of entrepreneurialism, small business and broader society in the coming decade. […]
