Small but mighty: the SMEs powering the UK economy

Small but mighty: the SMEs powering the UK economy

Jun 10, 2022

Small and medium-sized businesses (SMEs) contribute massively to the UK economy, accounting for more than £2 trillion in turnover, new research has revealed. Whilst SMEs only employ between one and 249 people, the analysis by the School of Marketing also revealed ...

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Blog, SMEs

Hospitality aims to bounce back with bumper trade for Platinum Jubilee

May 26, 2022

Everyone loves a party, and one of the biggest will be celebrating the Queen’s Platinum Jubilee at the start of June. With an extra bank holiday on Friday 3 June and the Monday late spring bank holiday moved to the previous ...

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Blog, Business Advice, SMEs

Big hitters to join key conference on the hospitality sector

May 19, 2022

The future of the hospitality industry will be in the spotlight next month when politicians and the movers and shakers in the industry come together for a key conference. The UKHospitality Summer Conference will be focussing on how to make the ...

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Blog, Business Advice, SMEs

New initiative helps to make the most of the pavement cafe culture

May 13, 2022

The move by the Government to make pavement licences permanent presents an opportunity for the hard-pressed hospitality industry. The Government announced the move in this week’s Queen's Speech as part of the Regeneration Bill. The move could be a major boost for ...

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Blog, SMEs, Tax

Corporation Tax: could you be missing out on tax reliefs?

Apr 11, 2022

Knowing which taxes your business is liable for can feel a bit overwhelming, which can result in you not recognising opportunities to save on tax. If you have a limited company or a foreign company with a UK branch, you will ...

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Blog, SMEs, Tax

Latest deadline for Making Tax Digital for VAT comes into force imminently

Mar 31, 2022

A major change in the way VAT is reported comes into force from tomorrow. Every small business that charges VAT will have to file accounts through the HM Revenue & Customs (HMRC) Making Tax Digital (MTD) system. All VAT-registered businesses must ...

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Blog, SMEs

Real-time online sanctions tracker to assist importers and exporters

Mar 25, 2022

As the war in Ukraine rages, UK SMEs are facing new import and export headaches on top of any problems already being experienced with Brexit. Any business involved in international trade, whether importing, exporting or part of the supply chain supply ...

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Blog, SMEs

How can your business boost its revenue?

Mar 22, 2022

Raising revenue is often one of the key objectives for small and medium-sized businesses (SMEs), however it can be a difficult process to navigate. The last two years have had a damaging impact on UK businesses, with closures due to coronavirus ...

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Blog, Business Advice, SMEs

Payroll: how to get it right

Mar 15, 2022

One of the key things that small and medium sized businesses (SMEs) need to get right is payroll. Not only is it a legal requirement to maintain the relevant documents and pay the correct amount of tax, getting prepared can help ...

Blog, Business accounting, SMEs, Tax, VAT

Benefits of cloud accounting software far outweigh costs, study reveals

Feb 11, 2022

Cloud accounting software adopters are more likely to experience the benefits of Making Tax Digital (MTD) for VAT than those using only bridging software, a new study has revealed. The research, published by HM Revenue & Customs (HMRC), comes ahead of ...

SMEs