Shoppers getting irritated with cash-only businesses

Posted in Blog, Business, Business Blog, Consumer Spending, SME, SMEs, SMEs / Business on April 3, 2019

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 …

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Making tax digital is live today, yet one million businesses are not registered

Posted in Blog, Business, Business Advice, Business Blog, HMRC, Making Tax Digital, MTD, Tax, Tax Blog, VAT on April 1, 2019

As of today, UK based businesses that have a taxable turnover above the VAT threshold of £85,000 will be required to switch to the new digital tax service …

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BCC “downgrades” UK economic growth in response to Brexit uncertainty

Posted in Blog, Brexit, Business, Business Blog, Economy, Finance on March 29, 2019

The British Chambers of Commerce (BCC) has this month downgraded its growth expectations for the UK economy in response to “continued Brexit uncertainty”. …

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Barclays announce £14 billion fund to support UK businesses

Posted in Banks, Blog, Brexit, Business, Business Blog, Economy, Finance, SME, SMEs, SMEs / Business on March 28, 2019

Barclays bank have announced plans for a major lending fund worth £14 billion pounds, which will help small and medium enterprises (SMEs) to flourish …

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Businesses losing out on £6.7 billion by using out of date accounting systems

Posted in Accountancy, Accounting, Blog, Business, Business Blog, SME, SMEs, SMEs / Business on March 27, 2019

Research carried out by Barclaycard found that more than one-fifth of finance officers consider their accounting software is outdated, while 16 per cent …

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BoE holds interest rates as businesses cut back on investment ahead of Brexit

Posted in Banking, Banks, Blog, Brexit, Business, Economy, Inflation / Interest Rates, Interest Rates, SMEs, SMEs / Business on March 22, 2019

The Bank of England’s (BoE) Monetary Policy Committee (MPC) has unanimously voted to maintain the UK interest rate at 0.75 per cent amid uncertainty …

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HMRC reveals MTD registration takes seven working days

Posted in Blog, Business, Business Blog, HMRC, Making Tax Digital, MTD, SMEs, SMEs / Business, Tax, Tax Blog, VAT on March 21, 2019

HM Revenue & Customs (HMRC) has warned that registration for Making Tax Digital (MTD) for VAT will take up to seven days to complete and will not be …

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UK electronics sector boasts two thirds of growth in UK industry

Posted in Accountancy, Blog, Business, Business Blog, SMEs / Business on March 20, 2019

According to a new report by Make UK and Santander manufacturing, the UK electronics sector experienced fast rapid growth in 2018.

UK electronics sector boasts two thirds of growth in UK industry

Posted in Accountancy, Blog, Business, Business Blog, SMEs / Business on March 20, 2019

According to a new report by Make UK and Santander manufacturing, the UK electronics sector experienced fast rapid growth in 2018.

Many businesses unaware of the criminal offences associated with tax evasion

Posted in Blog, Business Blog, Tax, Tax Blog, Tax News on March 18, 2019

Three-quarters of businesses are unaware of the corporate criminal offences relating to activity which is seen to facilitate tax evasion.