Business Advice

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Best UK cities for female entrepreneurship revealed

Aug 01, 2019

According to the latest research by Clydesdale Bank Yorkshire Bank (CYBG), Bristol and Sheffield are the two best cities in the UK for female entrepreneurs. The findings come following a study into the attitudes and opinions of 2,000 small business owners ...

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Workers missing out on £140 million in unclaimed expenses

Jul 29, 2019

New research has revealed that workers in the UK choose to miss out on £140 million a year in unclaimed work expenses, rather than go through the complex expense claim process. The survey was conducted by smart business spending solution Soldo, ...

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VAT Reverse Charge for building and construction services – What you need to know

Jul 18, 2019

In an attempt to tackle fraud in the construction industry, HM Revenue & Customs (HMRC) is be introducing a domestic reverse charge which will take effect from October 2019. The reverse charge legislation will now place the responsibility on a contractor ...

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Managing business expenses is the biggest headache for SMEs

Jul 11, 2019

According to the latest research, managing travel costs and business expenses are the two biggest headaches for businesses in the UK. The research by Allstar Business Solutions looked into the concerns of 1,000 small and medium-sized enterprises (SMEs). They found that employers ...

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Over 800 cyber incidents reported to FCA by financial firms last year

Jul 04, 2019

According to new data obtained via a freedom of information request, financial services firms reported 819 cyber incidents to the Financial Conduct Authority (FCA) during 2018. The figures show a substantial rise compared to the 69 incidents which were reported in ...

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Government announces new measures to ensure SMEs are paid on time

Jun 20, 2019

The Government has announced new measures to ensure that small businesses get paid on time. The new rules will see large businesses fined for the first time for failing to pay smaller suppliers on time as part of a package of ...

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TSB launches digital advice program to support small business owners

Jun 13, 2019

A nationwide programme has been launched by high street bank TSB in a bid to help improve the digital expertise of small business owners. As more and more day to day business tasks move online, small businesses and self-employed workers are ...

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Shareholders powers are not tackling excessive executive pay issues

May 09, 2019

Measures that were implemented to give shareholders the powers to veto excessive executive pay packages have failed according to new research from a think tank. Rules were put in place back in 2013, which meant all listed firms have had to ...

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HMRC extends £8 million customs funding training deadline

Apr 08, 2019

HM Revenue & Customs (HMRC) has announced that the deadline for applications for funding from a Government initiative designed to help businesses prepare for the UK’s exit from the European Union (EU) has been extended to 31 May 2019. The £8million ...

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Government launches consultation on tackling SME R&D relief abuse

Apr 04, 2019

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 (SME). The plans which were first announced during last year’s budget ...

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