UK businesses are losing 12 per cent of their revenue because they are failing to reclaim VAT, the latest research has revealed. Read More
The Chancellor, Rishi Sunak, is set to announce plans to help the UK’s economic recovery by unveiling a new ‘help to grow’ scheme for small to medium-sized enterprises (SMEs). Read More
New legislation will require independent scrutiny of pre-pack sales where connected parties are involved, it has been announced. Read More
More than £7.8 billion in grant funding has been delivered to small businesses through local authority grant schemes, it has been revealed. Read More
Small and medium-sized enterprises (SMEs) will have access to a new independent service to assist in resolving disputes with banks. Read More
The Government is being urged to extend emergency coronavirus support in the upcoming Budget with a recent study warning that businesses face a £50 billion shortfall when the support measures end in April 2021. Read More
One in seven UK businesses are ‘at risk’ of closure in the first half of 2021 with many coronavirus business support measures due to close in March and April, according to the latest research. Read More
Small company directors that were not able to claim under the Coronavirus Job Retention Scheme (CJRS) because they paid themselves an annual salary in March 2020 may now be eligible to claim under the scheme. Read More
The Government has confirmed that large businesses that have signed up to the Prompt Payment Code (PPC) must pay small businesses within 30 days. Read More
Businesses in the UK could save a combined total of £481 million in business rates after an interim ruling on rebates. Read More