Monthly Archives: January 2017

2017 will see the biggest shake-up in tax return reporting since the introduction of self-assessment as the government finally publishes proposals to make SMEs submit their quarterly tax return online. The measure is set to be clarified by government in 2017 as part of its programme to ensure that all tax matters become paperless and
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No progress in government export campaign, says ICAEW

by Owen Gough • January 3, 2017 • 0 Comments

The number of businesses exporting has not changed in the last two years, according to research by ICAEW. Despite a £1 trillion export target and advertising campaign by government, only 53 per cent of businesses are exporting – no change from 2014 – and nearly all (96 per cent) of non-exporters have no plans to sell overseas
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£1 billion support package pledged to support UK businesses

by Owen Gough • January 3, 2017 • 0 Comments

Metro Bank has today signalled that it is open for business with £1 billion of funds ring-fenced for 2017 to lend to both new and existing business and commercial customers. The bank has a clear track record in supporting businesses, lending over £544 million to its business and commercial customers in 2015, as well as
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The trials and tribulations of running a macaroon business

by Ben Lobel • January 3, 2017 • 0 Comments

Rosie Ginday is the founder of Miss Macaroon, a Birmingham-based producer of French macaroons, and uses the profits she makes to provide training and jobs to unemployed young people. Here, she talks about her experience of setting up the business and the challenges she faced. How did you come up with the idea and what
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UK SMEs will face a growing cyber threat in 2017

by Owen Gough • January 3, 2017 • 0 Comments

Only 9 per cent of UK SMEs have insurance in place to protect from a cyber threat despite the fact that more than one quarter (28 per cent) said they would go bust if faced with an unexpected £50,000 bill, according to commercial insurer RSA. Yet the average cost of an attack is higher than this at between
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The business highs and lows of 2016

by Ben Lobel • January 3, 2017 • 0 Comments

The year 2016 may well go down in history as one of the most turbulent years of recent decades; national strikes, ever-changing interest rates, The Great British Bake Off leaving the Beeb, and, of course – Brexit. But from every challenge, we, of course, can take a lesson – so what can we take from
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How will an uncertain 2017 shape up for UK SMEs?

by Owen Gough • January 3, 2017 • 0 Comments

Sir Brendan Barber, the chair of Acas, shares his predictions for what lies in store within the world of work for 2017. Barber thinks that history may remember 2016 as the year of surprise voting results that defied polling experts, which ended with a period of industrial unrest. It is unlikely that the year ahead will
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