HMRC’s Making Tax Digital (MTD) regime is pointless, as the Treasury will receive no additional tax take, despite taxpayers reporting burden increasing, say leading audit, tax and business advisory firm, Blick Rothenberg. Fiona Fernie, a partner at the firm, said: “Under MTD self-employed people and businesses will have to report their taxes quarterly, not annually. […]
The National Enterprise Network (NEN) highlights the parts of the chancellor’s Spending Review and how they will impact micro and small businesses, as well as the associations that support them. In her Three Year Spending Plan she revealed the key priorities that will impact small businesses, startups, and enterprise support organisations. But at the same […]
Commenting on the Comprehensive Spending Review announcement that the British Business Bank’s total financial capacity will be increased to £25.6bn, enabling a two-thirds increase in investments to around £2.5bn each year, Stephen Haddrill, director general of the FLA said: “We’re very pleased to see that funding for the British Business Bank has been prioritised as […]
Developers of residential and mixed-use property developments in Wales can now access up to £10m in finance from the Development Bank of Wales for both speculative and non-speculative developments. Funded by the Welsh government, the Wales Residential Property Fund will offer SME developers clear and easy access to flexible loans ranging from £150,000 to £10m […]
In a world facing growing environmental pressures and global uncertainty, small businesses across the UK are stepping up – proving that meaningful change often begins closer to home. A new report giving a voice to the opinions of UK small business owners highlights the vital role these businesses play in addressing major global issues such […]
New regulations and government policies are hindering growth in the UK SME sector, according to new research from accounting software company FreeAgent. The survey, which was commissioned by FreeAgent to analyse the experiences of growing SMEs in the UK, found that almost a fifth (18%) of respondents say dealing with government policies and regulations is hindering […]
New research from the UK’s leading insurance premium finance company, Premium Credit, shows more than half of SMEs are continuing to use credit to ensure they maintain insurance cover despite rising premiums. Premium Credit’s Insurance Index, which monitors insurance buying and how it is financed, shows 54% of SMEs (55% in 2024) use some form […]
As the UK economy continues its shift online, new analysis from York SEO agency Nomada Digital highlights a widening gap between consumer behaviour and business action. According to the Office for National Statistics (ONS), internet sales now account for 26.3% of all UK retail, up from just 6.5% in 2010 – a fundamental shift in how people […]
Over two-thirds (68%) of SME leaders believe their business is resilient and prepared to withstand challenges, with a similar proportion (69%) feeling confident in their ability to recover quickly from setbacks. American Express’ annual Business Barometer research, conducted in partnership with Small Business Saturday UK, polled 1,000 senior decision makers at UK micro, small and […]
Outdated verification systems are choking small business growth, with serious consequences for public services, market competition, and the cost of living New research from digital identity platform Umazi highlights a deepening crisis at the heart of the UK economy: small and medium-sized enterprises (SMEs)—the nation’s engine of innovation, employment, and essential services, are being systematically strangled by […]
