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

Taxing times can be avoided

A record 10.7 million people got their tax returns in on time before the end of January, HMRC figures have revealed. However, more than 758,000 of those left it right to deadline day. And despite warnings of the consequences of missing the cut-off time of midnight on January 31, 746,0

The advantages of going digital

HMRC’s vision to digitalise the UK tax system is well underway. VAT registered businesses with turnover above £85,000 will be required to use compatible software to maintain their records and to update the taxman quarterly, starting from April 2019. A recent survey has revealed that 4

Expanding horizons for playtime innovators

A business that specialises in creating innovative outdoor play areas for children is expanding its horizons with international projects on the drawing board. Cool Canvas is the brainchild of Oliver Wotherspoon. The natural landscapes its 10-strong team design and build stimulate both

Childcare deadline looms

With so many deadlines to cope with, it is little wonder many employers may have missed that there’s a fast approaching date for their staff signing up to the government’s Childcare Voucher scheme. The scheme, which can save families with children aged under-15 up to £1,866 a year in