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Category: Finance

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Big Changes for UK Small Businesses in New Tax YearFinance9th April 2024Big Changes for UK Small Businesses in New Tax Year

New Intuit QuickBooks research reveals how UK small businesses plan to tackle the new tax year as the 6th April start date looms closer.

New Research Highlights Impact of High Inflation and Interest Rates on Small British BusinessesFinance3rd April 2024New Research Highlights Impact of High Inflation and Interest Rates on Small British Businesses

New research by Geek Retreat reveals that more than half (55%) have had to increase prices for customers in the past two years due to inflation, compared to 37% who said that this hasn’t been the case. 

Data Reveals Business Value Blind Spot For a Third of UK SME OwnersBusiness News3rd April 2024Data Reveals Business Value Blind Spot For a Third of UK SME Owners

A third (33%) of business owners in the UK don’t know how much their business is worth, according to new research from Marktlink, one of Europe’s largest independent international M&A advisory firms for SMEs.

A 2024 Guide to Improving Your Automated Financial ReportsFinance27th March 2024A 2024 Guide to Improving Your Automated Financial Reports

Maintaining regular and accurate financial reports is essential for every business. They can help you monitor expenditure, income, and your overall financial performance. Unfortunately, keeping regular records can also take up valuable time. You might find tha

New Data Shows One in Six SMEs Rejected for Business LoansFinance25th March 2024New Data Shows One in Six SMEs Rejected for Business Loans

New research by fintech lender Nucleus Commercial Finance has uncovered some of the key concerns currently faced by the UK’s small businesses, and cash flow and funding are at the top of the list.

9 Business Benefits of Payroll Automation for Small BusinessesFinance26th February 20249 Business Benefits of Payroll Automation for Small Businesses

No matter how big or small the business, there’s no escaping the necessary payroll calculation processes. You do have options. You can outsource to third-party professionals or you can devote an in-house team to data entry and sums.

Small Businesses Desperate for Tax Help at Spring Budget as Insolvencies Hit Record HighFinance20th February 2024Small Businesses Desperate for Tax Help at Spring Budget as Insolvencies Hit Record High

The UK’s struggling SME sector is eager for tax incentives or relief at next month’s Spring Budget, a survey from employment management platform Employment Hero has revealed.

How SMEs Can Be In The Best Position To Gain Finance This YearFinance7th February 2024How SMEs Can Be In The Best Position To Gain Finance This Year

Small and Medium Enterprises (SMEs) form the backbone of the UK economy, in fact they account for 99% of all private sector businesses, contributing significantly to innovation, employment, and economic growth.

Five Ways AI Can Help With Your Startup or Small BusinessBusiness Advice6th February 2024Five Ways AI Can Help With Your Startup or Small Business

The AI boom is set to spread far and wide in 2024, with a reported 77% of global businesses utilising AI. However, it’s reported that only 29% of startups / small businesses have adopted the tool as yet, citing lack of expertise as their main reason for not

What Is Lease Accounting As Per IFRS 16?Finance5th February 2024What Is Lease Accounting As Per IFRS 16?

The International Financial Reporting Standards (IFRS) 16 represents a significant shift in the accounting of lease agreements for companies reporting under IFRS.

True State of Business Confidence and Costs Revealed for UK SMEsBusiness News29th January 2024True State of Business Confidence and Costs Revealed for UK SMEs

With high interest rates, the increasing cost of goods and a poor growth forecast, 2023 has been a challenging year for the UK’s businesses.

Does Your Side Hustle Need Insurance? Expert Explains How to Secure Your Finances If You are Considering a Side Hustle In 2024Finance5th January 2024Does Your Side Hustle Need Insurance? Expert Explains How to Secure Your Finances If You are Considering a Side Hustle In 2024

A side hustle is a great way to boost finances during a time when money is tight for most. Currently, there are 7.5 million gig workers in the UK, and the number is expected to increase, as a recent study revealed that half of those surveyed felt they needed a

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