The Association of Taxation Technicians (ATT) is calling for urgent guidance from HMRC to avoid people enduring an unpleasant tax hangover because of their ‘virtual’ Christmas parties this year. The ATT is asking for clarity on whether a ‘virtual party’ – particularly one that includes a party box – will be eligible for the usual […]
Many small organizations are experiencing the world of e-commerce for the first time this year, having moved online to continue operating the business against the unfolding pandemic. In the UK, co.uk domains between the period of January and October 2020 saw an increase of 31,000 new registrations While the move online brings many benefits including […]
Cambridgeshire-based Eazipay, one of the UK’s leading Direct Debit and automated payment processing companies, is celebrating a major milestone having just recorded its best ever month for Direct Debit processing and collection volumes. A staggering £97.6m worth of Direct Debits were processed on behalf of its clients during October 2020, representing a 24% increase (or […]
NatWest has announced an integration with global small business platform Xero, which will allow its users to access a NatWest lending service directly from the Xero platform – the first lending service from a high street bank to be introduced by Xero in the UK. Eligible Xero subscribers will be able to apply for NatWest’s […]
A continued demand from consumers for non-essential retail items increased prices in October but any prospect of growth will be short-lived if businesses are not able to re-open in December say leading tax and advisory firm, Blick Rothenberg. Mark Hart a retail partner at the firm said: “The latest ONS data on the retail price […]
The Growth Company has today published a free-to-access guide for entrepreneurs and SMEs based in the North, to help sell their services to overseas markets. The Going Global whitepaper is a practical guide, drawing on the insights and expertise of leading representatives from public and private sector bodies – including the Department for International Trade, […]
In October, the pace of the UK’s economic recovery from coronavirus fell behind the global benchmark for the first time since June 2020, as consumer facing industries and their suppliers grappled with new restrictions and slowing demand, according to the latest Lloyds Bank UK Recovery Tracker. The UK posted a reading of 52.1 (down from […]
Insolvency figures released last week by the government’s Insolvency Service show a 42% reduction in the number of company insolvencies in October 2020, compared to the same month last year. This continues a trend evident since the start of the pandemic, driving company failures to historic lows in spite of the economic turbulence created by […]
New research from GovGrant, the R&D and IP specialists, today reveals that 86% of UK SMEs in health-related sectors think innovation is important for their recovery from Covid-19. Despite this, almost half (47%) – healthcare, medtech and pharma – say cost is the main barrier for them when it comes to pursuing innovative activity. The […]
A Newcastle based therapy centre where families and social bubbles throw wet paint at each other, and a Glaswegian aromatherapy company running workshops to cater to the increasing interest in at-home wellness, are among 12 small businesses to be selected as champions of UK start-ups by Start Up Loans, part of the British Business Bank. […]
