Companies based in the European Union (EU) can recover Value Added Tax (VAT) on purchases from countries other than where they are established. The deadline for reclaiming VAT is 30 September 2023, for invoices dated 2022. With one month to go, Richard Haye, director of VAT Recovery at Ryan, a leading global tax services and […]
The vast majority of SME finance experts expect the government to miss its target of halving inflation by the end of the year, iwoca’s latest Q2 2023 SME Expert Index finds. The new research, carried out with over one hundred SME finance brokers who collectively submitted nearly 1,000 loan applications in June, reveals that three quarters […]
Reward Finance Group has helped boost Scotland’s economy by providing £8.3m of funding to SMEs in the first 12 months of launching north of the border. Having experienced unprecedented growth, the SME lender has supported Scottish businesses operating across a diverse range of sectors and is looking to further build on its success by expanding […]
ThinCats, the leading alternative finance provider to mid-sized SMEs, has today published its latest corporate finance adviser sentiment survey which reveals that advisers are seeing lower levels of activity and reduced business pipelines compared to six months ago. The survey covers experts from across 50 leading UK corporate finance, debt advisory, accountancy and private equity […]
Mercia Asset Management – one of the UK’s most active SME finance providers – has launched a new resilience programme offering practical support to ambitious women founders. The programme will specifically target women entrepreneurs who find getting access to growth capital challenging and will offer support and training to help them scale their companies. Mercia […]
There is a continued trend of price hikes across the business landscape as 52% of Irish SME businesses have taken the step to raise their prices, according to the latest Linked Finance SME Confidence Index, based on research conducted by Behaviours & Attitudes. According to the Central Statistics Office (CSO), Consumer Price Index was 4.6% […]
The money.co.uk business loans team has taken a deep dive into data to reveal the state of women’s entrepreneurship in the UK, from the number of self-employed women to the UK’s women in business hotspots. Key research findings: There are currently around 1.6 million self-employed women in the UK, which accounts for about 1 in […]
Rising interest payments relative to corporate earnings are making it difficult for some medium and large companies to repay debts. Despite this, the share of companies in this position is expected to stay below historical peaks. Higher interest rates are putting pressure on indebted corporates through higher debt servicing costs. Such pressure increases the likelihood of […]
UK small and medium sized businesses (SMEs) could help bolster employment by hiring as many as 3.5 million people this quarter, with businesses that anticipate employee growth planning to hire eight new recruits on average before the end of September. This is according to data from the latest Barclays Business Barometer – indicating a growing confidence […]
In a standout year so far for Simply Asset Finance, the specialist business lending provider has seen impressive profits of over £3.2m, lent over £152m to UK businesses and secured 1,786 new agreements. This has resulted in the business opening a new office in Liverpool and appointing 13 new hires this year alone to support […]
