Farming and agricultural businesses can now apply for 2021 payments under the new Basic Payment Scheme (BPS), it has been announced.Continue reading
SMEs
Businesses are missing out on ‘significant’ revenue due to unclaimed VAT
UK businesses are losing 12 per cent of their revenue because they are failing to reclaim VAT, the latest research has revealed.Continue reading
UK economy ‘set for rebound’ after increase in business and consumer confidence
The UK is set for rebound after business and consumer confidence rose to levels on par with those seen prior to the coronavirus pandemic in February 2020, according to the latest research.Continue reading
Budget 2021: what you need to know about the Recovery Loan Scheme
The Recovery Loan Scheme will help businesses restart and recover from the Covid-19 pandemic, the Government has announced.Continue reading
Government Start Up Loans attributed to rapid rise in new companies
The number of new businesses registered at Companies House grew significantly during the final six months of 2020, the latest statistics have revealed.Continue reading
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
MPs call for business rates cut in 2021 Budget
A total of 45 MPs in England are calling for Chancellor Rishi Sunak to cut business rates in England from 50 per cent of the market rent to 35 per cent in the 2021 Budget.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