Government data shows that 589,168 UK businesses reported significant financial distress during the last quarter of 2021, a 5% rise over the previous quarter.
HMRC’s announcement that there will be a one-month postponement of the Self Assessment deadline to the end of February has been welcomed with a sigh of relief from businesses across the UK
Banks have never been generous when it comes to the interest they pay on cash deposits by businesses, but many SMEs may be shocked at just how little they’re earning on their reserves currently.
In this time of economic uncertainty, cash flow remains the top priority for SMEs desperate to find new business leads and onboard new customers.
This is what Bottomline promise customers when they sign up for their revolutionary app Pay Direct.
Being low on Cashflow is probably the highest stress point when running a startup or SME.
Juggling finances and trying to call in debts is a struggle for businesses, especially in light of recent events.
From 1st October, hospitality, holiday accommodations and attractions businesses will be impacted by a new VAT rate of 12.5%.
The Bank of England is cautiously optimistic about the British Economy post-Covid. Here is everything SME owners need to know about its May 2021 update.
There was always going to be plenty of excitement ahead of the Chancellor’s announcement of the Budget, more so than ever this year as the country emerges from the pandemic.