Monthly Archives: August 2016

What does the apprenticeship levy mean for SMEs?

Earlier this month the government confirmed that the apprenticeship levy will go ahead, despite calls from some business leaders for a delay. From 6th April 2017, all businesses with a wage bill of more than £3 million will be required to pay the apprenticeship levy, charged at a rate of 0.5 per cent of their annual bill.
The post What does the apprenticeship levy mean for SMEs? by Ben Lobel appeared first on Small Business.

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Why late payment hits the construction sector hardest

The Asset Based Finance Association (ABFA) says UK businesses now face an average wait of 61 days; just a 2 per cent increase from 60 days last year, putting into perspective the problems facing construction in regard to late payment. But the organisation points out that the construction sector has a particularly long supply chain which includes many small and medium-sized
The post Why late payment hits the construction sector hardest by Ben Lobel appeared first on Small Business.

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