When it comes to recruitment, these SMEs are also pushing back plans to increase their total number of employees in the next 12 months and a growing number concede they will not be growing headcount in the next year. This is up from 36 per cent to 43 per cent in the last quarter. As
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SMEs suffering because of culture of slow payments in UK
by Owen Gough • • 0 Comments
Two thirds of UK SMEs are of the opinion that there is a culture of slow payments in the UK, with the problem particularly acute in London (73 per cent), the South West (72 per cent) and Northern Ireland (87 per cent). The results were obtained from the Close Brothers Business Barometer, a quarterly survey
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HMRC report fall in PCL Stamp Duty contribution
by Owen Gough • • 0 Comments
London Central Portfolio has carried out a detailed analysis of HMRC’s Annual Stamp Duty Statistics 2016-16, published on 30.09.17 Residential Stamp Duty receipts increased 17 per cent to £8,590 million in England and Wales due to the introduction of the three per cent Additional Rate Stamp Duty (ARSD), charged on purchases of second properties However,
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More than half of UK SMEs still unfamiliar with the GDPR
by Owen Gough • • 0 Comments
Fifty-five per cent of UK small businesses are still not familiar with the General Data Protection Regulation (GDPR) despite its introduction being now less than a year away, says Collyer Bristow, the leading law firm. Collyer Bristow’s survey further reveals that the knowledge of GDPR is higher in larger businesses. However, 30 per cent of
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European led SMEs growing twice as fast as their British counterparts
by Owen Gough • • 0 Comments
UK SMEs run by a European owner saw growth twice as quickly as companies owned by a British CEO, as Europeans take advantage of the UK’s pro-business environment, says Opal Transfer. Research by Opal Transfer shows that from a sample of more than 4,000 businesses found that SMEs run by a European increased their turnover
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IR35 forum minutes highlight HMRC’s failures surrounding reform
by Owen Gough • • 0 Comments
The contents of July’s IR35 Forum minutes reflect a sincere lack of understanding from HMRC when it comes to the true impact of recent and potential changes to IR35, leading contractor tax adviser, Qdos Contractor of The Qdos Group has suggested. Within the now published notes, HMRC failed to offer any clarity over potential reform
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Forgotten voice of UK business have their say for first time
by Owen Gough • • 0 Comments
On the day the Office for National Statistics confirms official growth figures for the UK economy, a new report reveals the views of a vital yet often forgotten lynchpin of British business, both big and small – the van drivers, owners and operators who keep the wheels of business turning. The phased study – begun
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UK workers are putting in more than 13 extra days of work a year
by Owen Gough • • 0 Comments
The average UK worker (36.7 per cent) puts in more than 13 extra working days a year, with two thirds (64 per cent) admitting they often work more than their contracted hours. What’s more, as many as one in four (24.8 per cent) could be working an extra 34 days! That’s according to recent data
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British workers would be happy to have a robot boss
by Owen Gough • • 0 Comments
With the Bank Of England projecting that up to 15 million jobs might be at risk due to robots, a new survey today reveals that nearly a third of British workers (31 per cent) would be happy to work for a robot boss. The survey from cloud accounting software provider FreeAgent, of 1,000 working British
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Lost emails can cost you customer relationships in under 60 seconds
by Owen Gough • • 0 Comments
New research from email service provider, Mailjet, reveals an alarming risk to customer retention around business critical transactional emails – the purchase confirmations, e-tickets and account notifications – which 28 per cent of consumers across the UK and France say they now receive four or more times per day. Regardless of the monetary value associated
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