SMEs under the microscope

It’s a startling statistic. One in ten of the UK’s small businesses is under investigation by the taxman – equivalent to more than half a million at any one time, according to official figures. Parliament’s Treasury select committee heard from HMRC about its sharp focus on SMEs

On the road to export success

International Trade Secretary Dr Liam Fox has launched what the government has described as an “ambitious new export strategy” with our SMEs placed at the heart of the drive. The aim is to get more companies looking at overseas trade as the exit door from the EU looms large. Last year

Digital drive continues

The British Chambers of Commerce (BCC) has called for a delay in the introduction of Making Tax Digital (MTD) until the start of the 2020-21 financial year – but that looks highly unlikely to happen. The taxman is pushing ahead with the programme, this month publishing further informa

Supporting a community club

WNJ is helping to support Bamber Bridge football club as it looks towards another successful season on and off the pitch. Often referred to as ‘Brig’ this community club is looking for more help from local businesses in its quest to rise up the football pyramid. WNJ is the club’s acco

Are you GDPR compliant?

It made big headlines at the time. Now, two months later we are starting to see the impact of General Data Protection Regulation (GDPR) on business. Many businesses have put the issue on the back burner following the deadline for compliance in late May. But the fact is GDPR is an on-g

Time to end the late payments crisis

THE Federation of Small Businesses (FSB) has warned that big companies must do more to end the late payments and “supply chain bullying” costing the UK economy billions. FSB chairman Mike Cherry has written to the bosses of all FTSE100 companies urging immediate action. He wants the b

Are you missing out on R&D support?

It’s a quite shocking statistic. According to new figures, the Treasury owes Britain’s small businesses more than £84bn in backdated research and development (R&D) tax relief. Tax relief specialist Catax says that around 3.5 million small businesses are actively trading in the UK,

Planning ahead

The summer of 2018 is shaping up to be one that will be remembered for years to come, mostly for the cracking weather and an unexpected glut of goals by the England football team in the World Cup. It’s also proving to be a period of growth for Lancashire planning consultancy De Pol As

Why family firms matter

A detailed new report has revealed the full extent of the massive contribution that family businesses make to the UK’s economy. According the latest UK Family Business Sector Report, produced by Oxford Economics for the Institute for Family Business (IFB), they are responsible for a q

Putting a price on intellectual property

Intellectual Property (IP) impacts every business in the country – and it is important to understand how it can be used to help an organisation grow and develop. Businesses create and use intellectual property all the time, perhaps without realising it. The value of your IP – whether

The countdown is on: Your tax year end checklist

The tax year ends on April 5 and the clock is now ticking, with just a short period of time remaining for people to maximise their use of this year’s allowances. To help you check if you’ve done all you can when it comes to planning, we’ve compiled this handy list of things that, busi

Don’t become a text scam victim

HM Revenue and Customs says it has stopped thousands of taxpayers from receiving scam text messages, with 90 percent of the most “convincing texts” now halted before they reach their phones. The taxman released the figures as it worked to raise awareness of the tell-tale signs of frau