Advice and support surgeries grow at The Business Clinic

An organisation dedicated to development and growth in Lancashire is extending its business support surgeries from next month because they have proved so popular. The Business Clinic has been holding its fortnightly ‘peerworking’ sessions on Friday mornings. Now, to meet the demand, i

Digital tax put on hold for small businesses

The government has bowed to pressure over the speed of its drive to introduce a digital tax system and has delayed controversial plans to force millions of SMEs to update the taxman four times a year instead of once. Under fire from small business owners, politicians and professional

Powerhouse Fund aims to unlock potential

The new £400 million Northern Powerhouse Investment Fund (NPIF) was launched as a potential new driver of growth, working to help businesses across the region realise their potential. And that certainly seems the case, looking at the funding options that it makes available for entrepr

Non-traditional funding on the rise

Rising numbers of family businesses are turning to private investors as they look for long-term partnerships to support their growth ambitions, according to some interesting new research. However, almost half of the businesses that were quizzed admitted they did not know enough about

New money laundering law will have an impact

You may think the latest money laundering laws being introduced are little to do with your business operations – but think again. The dry-sounding ‘Fourth Money Laundering Directive’ (MLD4) has been put together to bolster defences against money laundering and the financing of terrori

Will challenges on the rise

The importance of getting your will right and making sure that it is regularly reviewed were emphasised by a report in the Financial Times earlier this month. The newspaper reported official figures showing legal challenges against wills numbered more than 12,000 last year. That incre

Late payment is a ‘handbrake on growth’

Late payments are standing in the way of growth and job creation in SMEs across the country, a new report has revealed. It says that the issue left small and medium sized enterprises a staggering £266bn out of pocket last year. The statistics discovered in a survey of more than 1,000

Family businesses face growing challenges

There’s no doubt that the pressure is mounting on family businesses as they face increasing challenges on all fronts. The Institute for Family Business (IFB) has warned that the Budget decision to cut the dividend allowance will disproportionately impact family-run ventures and risks

Are SMEs ready for the digital tax challenge?

There was more worrying news about the government’s digital tax plan with a new survey revealing that the nation’s SMEs will need to make significant changes in order to comply with the initiative. A report by the UK200Group, which represents accountancy and law firms, has revealed th
houses-of-parliament

NI ‘U-turn’ welcomed but challenges remain

Philip Hammond’s first – and last – Spring Budget will live long in the memory for his speedy ‘U-turn’ on plans to hike Class 4 National Insurance contributions. The reversal of this controversial, Conservative manifesto pledge-busting measure is welcome,

Spot checks are a wake-up call

Spot checks are to be carried out on employers across the UK to make sure they are complying with their workplace pension duties. The Pensions Regulator (TPR) says the inspections are part of its on-going enforcement activity to ensure employers are meeting their duties correctly. And

The Chancellor’s first – and last – Spring Budget

The 2017 Spring Budget will be the last of its type. Probably. The publication of the Finance Bill in the spring/summer of this year will presage a change in Parliamentary proceedings. A second Budget in autumn 2017 followed by a Spring Statement in 2018 marks the start of a process e