UK businesses are losing 12 per cent of their revenue because they are failing to reclaim VAT, the latest research has revealed.Continue reading
Family Businesses
Government set to unveil £520 million ‘help to grow’ scheme for small businesses
The Chancellor, Rishi Sunak, is set to announce plans to help the UK’s economic recovery by unveiling a new ‘help to grow’ scheme for small to medium-sized enterprises (SMEs).Continue reading
Draft legislation implements requirement for “mandatory independent scrutiny” of pre-pack administration sales
New legislation will require independent scrutiny of pre-pack sales where connected parties are involved, it has been announced.Continue reading
Small businesses handed £7.8 billion through local authority grant schemes, figures reveal
More than £7.8 billion in grant funding has been delivered to small businesses through local authority grant schemes, it has been revealed.Continue reading
Businesses to have access to free service to help resolve disputes with banks
Small and medium-sized enterprises (SMEs) will have access to a new independent service to assist in resolving disputes with banks.Continue reading
Government urged to extend COVID business support measures
The Government is being urged to extend emergency coronavirus support in the upcoming Budget with a recent study warning that businesses face a £50 billion shortfall when the support measures end in April 2021.Continue reading
Insolvency: 900,000 UK businesses are ‘at risk’ of closure
One in seven UK businesses are ‘at risk’ of closure in the first half of 2021 with many coronavirus business support measures due to close in March and April, according to the latest research.Continue reading
CJRS: Annually paid directors may now be eligible for furlough claims
Small company directors that were not able to claim under the Coronavirus Job Retention Scheme (CJRS) because they paid themselves an annual salary in March 2020 may now be eligible to claim under the scheme.Continue reading